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EDC bags Ceneco power supply deal | Lenie Lectura

Energy Development Corp. (EDC) won the tender to supply baseload power to Central Negros Electric Cooperative (Ceneco), one of the biggest electric cooperatives in the Visayas region. EDC, a subsidiary of First Gen Corp., will supply 20 megawatts (MW) to Ceneco for 10 years. It will commence in the last…
Occidental Negros Negros Occidental Philippines General Carlos Lorenzo Vega Jojit Yap Arnel Lapore

FGEN commissions LNG terminal | Lenie Lectura

FGEN LNG Corp., a wholly owned subsidiary of Lopez-led First Gen Corp., announced the commissioning of its liquefied natural gas (LNG) terminal, marking a significant development in its LNG project. “First Gen’s LNG Terminal is now in the commissioning process and we look forward to utilizing LNG to support the…
Subic Bay Batangas City Jonathan Russell First Gen Corp Energy Development Corp Lopez Led First Gen Corp

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IEEFA report singles out 3 power firms for their innovativeness in RE shift

THE Energy Economics and Financial Analysis (IEEFA) cited ACEN Corporation, Citicore Energy REIT Corp. (CREIT), and Solar Philippines as among the power firms that have demonstrated “impressive innovativeness” in their renewable energy (RE) journey. In its latest report, the IEEFA said investors put a demonstrably higher value on firms that have a…
Republic Of Ramnath Iyer Renewable Energy Corp Energy Economics Metro Pacific Investments Corporation Citicore Energy

Data centers: A shining star in the property sector

Last of two parts Aside from a big number of internet users, strong social media and e-commerce adoption, the Philippines government’s strong support to cloud computing has ensured that the country will be another option for  investors to invest in data centers. As more companies digitize and turn to cloud…
France General City Of Pasig Angeles City Davao City Metro Manila Philippines General

SMC power plants may start commercial operation in '24

The first three units of the planned 1,750-megawatt (MW) combined cycle power plant of San Miguel Global Power Holdings Corp. may start commercial operation next year, data from the energy department showed. Under the committed liquefied natural gas (LNG) power plant projects, two units of 437.5 MW each of Excellent…
La Union San Francisco United States Batangas City Santa Maria Santa Rita

Prime Energy: Natural gas bill to protect consumers

Razon-led Prime Energy Resources Development B.V. expressed support for the enactment of the proposed Natural Gas Industry Development Act, as it will put in place a regulatory framework that protects the interest of consumers and investors. “I’d like to convey our full support to this and we believe it is…
Donnabel Kuizon Cruz Sherwin Gatchalian Natural Gas Industry Development Senate Bill First Gen Corp Energy Resources Development

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