Tag: Filipino Millennials

The National Electrification Administration (NEA) has cited the Zamboanga City Electric Cooperative (Zamcelco) as a successful model for reducing system losses, urging other power cooperatives to follow its example.

The Department of Energy (DOE) confirmed on Monday that fuel prices will rise across the board this week, ending two consecutive weeks of reductions, as global oil markets remain volatile amid developments in the Middle East.

The National Power Corp. (NPC) is ramping up fuel storage capacity across its off-grid power facilities to secure energy supply and cut high delivery costs in remote communities nationwide.

In a major corporate move that underlines its long-term strategy, Lopez-led First Philippine Holdings Corporation has formally turned down an acquisition proposal from global private equity giant Kohlberg Kravis Roberts & Co. L.P. The decision preserves the parent company’s full equity control over its power generation arm, First Gen Corporation, despite an attractive financial premium offered by the international investor.