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SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t

SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Marcos on helicopter use: I try not to cause traffic

Following criticisms for using the presidential helicopter to avoid the traffic gridlock and watch the concert of British rock band Coldplay last week, President Marcos yesterday said he did not want his convoy to cause traffic......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024

How LGUs shoo away investors

While discussing how Charter change can attract investors, my Viber group colleagues wondered if problems with LGU corruption are a bigger turnoff to investors than Constitutional restrictions on foreign investments......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Why attract foreign investors?

Do we really need to revise our Constitution to attract foreign investors? It will help. We have provisions in our current Constitution that deliver the message that foreign investors are not welcome......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Info on cornerstone investors now required

The Securities and Exchange Commission (SEC) has laid down rules governing cornerstone investors in initial public offerings, requiring issuers to disclose the necessary information on their prospective investors......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

ERC suspends reserve market settlement

The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

ERC OKs limited use of LNG for Meralco, FGEN

The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

ERC lifts suspension of FIT-All collection

Starting next month, electricity consumers will resume paying the feed-in tariff allowance at a rate of P0.0364 per kilowatt-hour in their electric bills......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Respect

The claim of the Department of Energy that NGCP refuses to recognize their authority to regulate the grid operator reflects badly on the government’s ability to govern. Unfortunately, it seems that DOE has left it at that and is just hoping ERC will pick up the slack......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls

The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Cocolife inaugurates new branch, enlightens investors in Cebu

Cocolife inaugurates new branch, enlightens investors in Cebu.....»»

Category: newsSource:  sunstarRelated NewsMay 18th, 2024

Cautious investors end brief market rally

The stock market snapped its brief two-day climb as investors stayed on a wait-and-see mode ahead of the BSP’s policy meeting......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

SPNEC to pick foreign investors for P200 billion Terra Solar project

Manuel V. Pangilinan-led SP New Energy Corp. is considering to onboard as many as two foreign investors to support the company in the development of the P200-billion Terra Solar development in Nueva Ecija and Bulacan, which is poised to become the world’s largest solar project once completed......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Index gains as investors gobble up bargain stocks

The stock market snapped its three consecutive losing streak, opening the week in positive territory as investors hunted for bargains......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Guidelines for IPO cornerstone investors issued

The Securities and Exchange Commission has set the guidelines for cornerstone investors in initial public offerings as part of its continuing efforts to boost investor participation in the capital market......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

DTI lures Lithuanian investors with booming ICT, renewable sectors

DTI lures Lithuanian investors with booming ICT, renewable sectors.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors

‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Agri-based technologies opened to CL investors

Agri-based technologies opened to CL investors.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024