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Tuesday, 02 December 2025, 12:02 pm

    Tag: Meralco

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    MVP, Salceda say new Meralco franchise to power growth, spur investments

    Corporate Context.ph Context.ph -
    Business tycoon Manuel V. Pangilinan and Bicol Rep. Joey Salceda on Monday said President Ferdinand Marcos Jr. decision to renew the franchise of Manila Electric Co. (Meralco) will drive the country’s future growth, spur investments and create more jobs.

    DOE presses Meralco on full compliance with power supply deal

    Energy Context.ph Context.ph -
    The Department of Energy (DOE) is urging Manila Electric Co. (Meralco) to strictly comply with all provisions of its power supply agreements (PSAs), particularly the 1,200-megawatt deal with Excellent Energy Resources Inc. (EERI), amid delays in the latter’s plant commissioning and fuel supply readiness.

    SP New Energy appoints seasoned audit chief

    Corporate Context.ph Context.ph -
    SP New Energy Corp., the renewable energy subsidiary of MGen Renewable Energy Inc., has named Anthony Vergel Velasco as its new chief audit executive, strengthening its governance framework as it scales up its clean energy portfolio.

    Meralco sales slowing in 2025 amid changing weather patterns

    Energy Context.ph Context.ph -
    The Manila Electric Co. (Meralco) has revised its power sales forecast this year to only 4.6 percent, signaling a weaker performance versus the previous year. The revised projection comes following an exceptional spike in demand due to the effects of El Niño in 2024, which is unlikely to repeat this year.

    ERC grants Meralco provisional authority for P19.95-B refund scheme

    Energy Context.ph Context.ph -
    The Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) provisional authority to implement a refund scheme amounting to P19.95 billion, covering an over-recovery of rates from 1 July 2022, to 31 December 2024. The scheme will be executed over 36 months, with refunds starting in the next billing cycle.
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    Top Line primes expansion with preferred shares pivot

    Corporate 0
    Top Line Business Development Corp. (TOP) is gearing up for a major capital push after shareholders approved the reclassification of 800 million unissued common shares into preferred shares and authorized the board to undertake fundraising initiatives ranging from private placements to follow-on offerings and debt issuances. The approval was granted by stockholders during their special meeting held Tuesday, Decemmber 2.

    Global trade shifts toward reliability – WTCA

    Markets 0
    A global push for “resilience-first” supply chains is reshaping trade and investment, according to speakers at the 2025 World Trade Centers Association (WTCA) member forum.

    Andersons Group tightens grip with P861.8M AGI share sweep

    Corporate 0
    Alliance Global Group Inc. (AGI), the listed investment holding firm of tycoon Andrew Tan, said that affiliate California Orchard Growers Investment Inc. has sold its entire block of 120 million AGI shares to The Andersons Group Inc., the company’s principal shareholder.

    Cebu Pacific promotes insider as new treasurer

    Corporate Bulletins 0
    Cebu Air Inc., the Gokongwei Group’s listed airline operator behind the Cebu Pacific brand, has named long-time executive Pamela Rae Chua as its new treasurer effective December 1. She succeeds Elynore Villanueva, who has retired from the post.

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    DTI resets expectations, redraws export path

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    The Department of Trade and Industry is set to unveil sharply reduced export targets for 2025—and for the remaining years of the Philippine Export Development Plan (PEDP) 2023–2028—at a December 4 launch expected to formally reset the country’s export trajectory.
    Corporate

    Top Line primes expansion with preferred shares pivot

    0
    Top Line Business Development Corp. (TOP) is gearing up for a major capital push after shareholders approved the reclassification of 800 million unissued common shares into preferred shares and authorized the board to undertake fundraising initiatives ranging from private placements to follow-on offerings and debt issuances. The approval was granted by stockholders during their special meeting held Tuesday, Decemmber 2.
    Markets

    Global trade shifts toward reliability – WTCA

    0
    A global push for “resilience-first” supply chains is reshaping trade and investment, according to speakers at the 2025 World Trade Centers Association (WTCA) member forum.
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