NexGen Energy files for P0.6-B IPO
NexGen Energy has filed with the SEC to conduct an IPO to raise up to P580 million through the sale of primary shares at P1.68/share with a secondary over-allotment option......»»
SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
Balai Ni Fruitas response to write-up on the reallocation of IPO proceeds
On Tuesday, I wrote about Balai Ni Fruitas and the BALAI board’s reallocation of IPO proceeds to commissary construction, away from store network expansion......»»
Balai Ni Fruitas reallocates P50-M in IPO proceeds to complete commissary build
Balai Ni Fruitas said that its board approved a reallocation of its IPO proceeds, from “Store network expansion and store improvement”, to “Commissary set up”......»»
Citicore Renewable Energy approved for IPO on March 22
Edgar Saavedra’s application to list Citicore Renewable Energy has been approved by the PSE......»»
Villar’s PREIT utilizes IPO proceeds for energy projects
Billionaire Manuel Villar Jr.’s Premiere Island Power REIT Corp. has used up all of the proceeds it obtained from its initial public offering to bankroll energy projects in Luzon......»»
Treñas apologizes for outburst, files cyber libel complaint against Nereo Lujan
Treñas apologizes for outburst, files cyber libel complaint against Nereo Lujan.....»»
Mike files case vs. Gwen, seeks her suspension
Mike files case vs. Gwen, seeks her suspension.....»»
Customs collects P884B, files 90 criminal cases
Customs collects P884B, files 90 criminal cases.....»»
NEWS BRIEFS | 27 February 2024
Energy exploration in BARMM opened for bidding The Department of Energy has opened four areas in the Bangsamoro Autonomous Region in Muslim Mindanao for exploration, development, and production of indigenous energy sources. Energy Undersecretary Alessandro Sales said coal exploration marked as “PDA-BC-1” covering 14,856 hectares in Kapai and Tagoloan towns in Lanao del Sur is […].....»»
Basic Energy signs MOU for joint development of 50MW Batangas wind project
Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»
NGCP, ECCP sign deal to advance renewable energy development
In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»
PSE approves CREC IPO
The Philippine Stock Exchange Inc. has approved the initial public offering of Citicore Renewable Energy Corp., the first for this year......»»
DOE, DOST partner for R& D on renewable energy
The Department of Energy has partnered with the Department of Science and Technology for the conduct of renewable energy research and development ......»»
ACEN, BrightNight partner anew for renewable energy
ACEN, the Ayala Group’s listed energy company, has partnered with US-based BrightNight for the development, construction and operation of an initial one gigawatt renewable energy portfolio in the Philippines......»»
Citicore Renewables officially moves IPO to next quarter
Citicore Renewable Energy Corp. gave notice to the exchange that it “decided to adjust the indicative date of the Offer from March 2024 to the 2nd quarter of 2024.”.....»»
SEC OKs Citicore Renewable IPO
The Securities and Exchange Commission has given its green light to the P11.252-billion initial public offering of Citicore Renewable Energy Corp......»»
US-based Harnyss introduces patented hydrogen technology for energy storage in Philippines
Harnyss, a Texas-based energy technology company, is introducing its patented low-pressure hydrogen storage solutions that could significantly complement the utilization of renewable energy in various settings. .....»»
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.....»»
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.....»»
Nuclear energy is safe, DOE says
Given historical adversities involving nuclear power plants across the world, the Department of Energy has assured the public of careful planning for the use of nuclear energy in the Philippines......»»