Semirara profit falls in Q1 on weaker power, coal sales
SEMIRARA Mining and Power Corp. (SMPC) said net income fell 12% to P3.8 billion in the first quarter (Q1), driven by weaker power output and lower coal shipments. For the January-t...
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SEMIRARA Mining and Power Corp. (SMPC) said net income fell 12% to P3.8 billion in the first quarter (Q1), driven by weaker power output and lower coal shipments. For the January-t...
SEMIRARA MINING and Power Corp. (SMPC) said it is confident it can submit a mining plan that meets Department of Energy (DoE) requirements to extend its coal operating contract on...
MERALCO PowerGen Corp. (MGEN), the power generation arm of Manila Electric Co. (Meralco), said it will no longer directly participate in the upcoming auction for the Semirara coal...
NOTICE OF ANNUAL STOCKHOLDERS’ MEETING Please be notified that the Annual Meeting of Stockholders of Semirara Mining and Power Corporation (“Corporation”) will be held on May 4, 20...
NOTICE OF ANNUAL STOCKHOLDERS’ MEETING Please be notified that the Annual Meeting of Stockholders of Semirara Mining and Power Corporation (“Corporation”) will be held on May 4, 20...
DMCI MINING CORP. expects its newly opened Long Point mine in Palawan to drive production growth this year as one of its Zambales operations nears depletion. Speaking at the annual...
THE DEPARTMENT of Energy (DoE) is planning to resume the coal auction, which includes Semirara island operated by the country’s largest coal producer, by the middle of this year, t...
SM INVESTMENTS CORP. (SMIC) increased its renewable energy sourcing in 2025, with cleaner energy accounting for 31% of total electricity consumption, up from 27% a year earlier, as...
PASAY CITY, Philippines, May 24, 2026 /PRNewswire/ -- SM Investments Corporation (SM Investments), the parent company of the SM Group, said the Group increased its renewable energy...
DATA CENTER operator ST Telemedia Global Data Centres (STT GDC) Philippines has entered into a 10-year renewable energy (RE) supply agreement with MPower, the electricity supply ar...
MANILA, Philippines – The Philippine Nickel Industry Association (PNIA) lauded the high court’s decision to dismiss the petition for a Writ of Kalikasan filed against Hinatuan Mini...
MANILA ELECTRIC CO. (Meralco) and Sual Power, Inc. (SPI) have asked the Energy Regulatory Commission (ERC) to approve a four-year power supply agreement expected to generate about...
MANILA ELECTRIC CO. (Meralco) is urging electric cooperatives in Batangas and General Santos (GenSan) City to conduct public bidding to determine their power distribution partners,...
MANILA, Philippines – The top executive of Manila Electric Co. (Meralco), PowerGen Corp. (MGEN), is confident that the company’s target of hitting 10,000 megawatts (MW) of capacity...
PHILEX MINING CORP. posted a net loss of P592.48 million for the first quarter (Q1), reversing a P130.58-million profit a year earlier, as revenues declined following lower ore thr...
MPOWER, the retail electricity supplier of Manila Electric Co. (Meralco), said it will provide electricity supply to 60 Starbucks stores in Metro Manila under the retail aggregatio...
THE AYALA GROUP, through ACEN Corp.’s retail electricity supply arm ACEN RES, retained the largest share in the retail renewable energy (RE) market for three consecutive years, acc...
GOLDEN ARCHES Development Corp. (GADC), the master franchise holder of McDonald’s in the Philippines, has tapped the retail electricity supply arm of Shell Pilipinas Corp. to help...
METRO PACIFIC Investments Corp. (MPIC) reported a 5% increase in first-quarter (Q1) core net income to P6.9 billion from P6.6 billion a year earlier, driven mainly by stronger cont...
MAHARLIKA Investment Corp. (MIC) said it has assigned its $10-million bridge loan to Makilala Mining Co., Inc. (MMCI) to a unit of India’s Kiri Industries Ltd., transferring its ri...
MANILA ELECTRIC Co. (Meralco) reported a 2% increase in consolidated core net income (CCNI) to P11.4 billion for the first quarter (Q1), supported by higher contributions from its...
HYDROPOWER developer Repower Energy Development Corp. (REDC) is boosting its renewable energy portfolio through a P3.925-billion acquisition of an asset in Samar province. In a reg...
SOLAR ORIGIN 1 Corp., a local affiliate of Singapore-based renewable energy firm Enertrans Global Pte. Ltd., has proposed a 250-megawatt (MW) solar power project in Bataan and is c...
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