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Snap s 24-megawatt magat BESS gets provisional permit to operate from ERC
Snap s 24-megawatt magat BESS gets provisional permit to operate from ERC.....»»
Local youth back local gov’t decision to deny mining entry in Sagay
Local youth back local gov’t decision to deny mining entry in Sagay.....»»
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......»»
Citicore Renewable Energy IPO scheduled for May 31
Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»
SM Prime rethinking 2024 SM REIT listing plans
Property developer SM Prime added to concerns that it might delay the IPO of its monster $1 billion REIT when one of its directors, Hans Sy, said that the company’s cashflow is “very strong”, and that while he’s “not ruling [an SM REIT IPO] out this year”, he doesn’t yet see a “purpose” to “immediately go into an IPO”......»»
SC overturns Comelec s dismissal of DQ petition vs Cagayan governor
In a press release on Monday, the Supreme Court En Banc granted the petition for review filed by Ma. Zarah Rose De Guzman-Lara assailed the poll body’s dismissal of her petition to disqualify the former gubernatorial candidate and the current Cagayan Governor Manuel N. Mamba from the May 2022 local elections......»»
Palompon mayor’s petition dismissed: Court upholds SW validity
ORMOC CITY, Leyte — The Regional Trial Court Branch 45 of Tacloban City dismissed the petition filed by Palompon Mayor Ramon Oñate seeking to invalidate the search warrant issued earlier by the court on the site where the DBSN Farms Agriventures Corp. is located, citing lack of merit. Oñate’s petition to suppress the evidence obtained.....»»
ERC urged to defer power rate hikes
It would be best for the Energy Regulatory Commission to withhold the requests of power distributors and generating firms to collect higher electricity bills while the industry is on yellow alert due to high power demand this summer, a member of the House of Representatives said......»»
Power grid operator NGCP billed P2.4B worth of CSR, PR expenses to consumers
At least 9 percent of what Filipinos pay for electricity goes to transmission charges. This means that for every P100 spent on the electricity bill, P9 goes to the NGCP......»»
Lacson hopes NGCP to improve power situation
Lacson hopes NGCP to improve power situation.....»»
NGCP told to ‘practice discipline’ to protect consumers
Energy industry regulators are urging utilities, especially monopolies like the NGCP, to charge only reasonable expenses to consumer electric bills.....»»
[Vantage Point] NGCP – what’s wrong with it?
The financials of NGCP's major shareholder, SGP, illustrate the corporation's financial health.....»»
DOE should regulate NGCP
The messy situation between the DOE and NGCP is responsible for problems that inconvenience electricity consumers......»»
Chinese presence at NGCP
The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»
SC urged to resolve petition vs PUVMP
Transport groups have asked the Supreme Court to finally rule on the petition against the public utility vehicle modernization program even as the two-day strike starts today and the consolidation deadline set by the government ends on April 30......»»
3 lawmakers back measure postponing BSKE anew
Three members of the House of Representatives have expressed support for a measure seeking to defer anew the holding of the barangay and Sangguniang Kabataan elections (BSKE) scheduled in December 2025......»»
Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
PSE EASy platform now accepts online banking for payment of IPO subscriptions
The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Alternergy reallocates IPO proceeds to Tanay and Alabat projects
Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»