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Brix Lelis
Brix Lelis
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Singapore-based firm betting big on Philippines RE, carbon credit market
by Brix Lelis - June 12, 2025 - 12:00am
Singapore-based Carbon Sync Ventures is making a bold push into the Philippines, aiming to revolutionize the local carbon credit market and channel billion-dollar investments into renewable power.
Meralco rates down by 11 cents
by Brix Lelis - June 12, 2025 - 12:00am
Power rates in June will be slashed by P0.1076 per kilowatt-hour, bringing down the overall rate to P12.1552 per kWh, according to Manila Electric Co. (Meralco).
ADB targets $1.5 billion rice financing for Philippines, Asia-Pacific
by Brix Lelis - June 11, 2025 - 12:00am
The Asian Development Bank is investing up to $1.5 billion until 2030 to bolster sustainable and low-carbon rice production in the Philippines and the rest of Asia-Pacific.
Tycoons bag new green energy contracts
by Brix Lelis - June 11, 2025 - 12:00am
The power companies controlled by tycoons Enrique Razon Jr., Ramon Ang and Federico Lopez have emerged as top bidders in the government’s third green energy auction.
Power firm commits to address blackouts in Siquijor
by Brix Lelis - June 11, 2025 - 12:00am
The lone power supplier in Siquijor has assured affected consumers that critical repairs are underway to fully restore electricity on the island.
Geothermal investments gaining steam – ADB
by Brix Lelis - June 10, 2025 - 12:00am
The Asian Development Bank expects the government’s geothermal de-risking facility to unlock fresh investments that could boost the Philippines’ standing on the global stage.
Expect higher pump prices next week
by Brix Lelis - June 7, 2025 - 12:00am
Motorists should brace for upward adjustments at the pump, which are set to take effect in the coming week.
ASEAN Power Grid in focus as Philippines hosts summit
by Brix Lelis - June 5, 2025 - 12:00am
The $16-billion project designed to integrate power grids of ASEAN member states is set to take center stage next year as the Philippines assumes chairmanship of the regional bloc.
MGen, Saudi firm team up for RE projects in Philippines
by Brix Lelis - June 5, 2025 - 12:00am
Saudi Arabia’s ACWA Power is making a foray into the Philippine green energy market through a strategic partnership with tycoon Manuel V. Pangilinan’s Meralco PowerGen Corp. (MGen).
MORE Power steps up efforts to lower rates
by Brix Lelis - June 5, 2025 - 12:00am
MORE Electric and Power Corp. of billionaire Enrique Razon Jr. has assured its customers of continued efforts to keep electricity rates down for Iloilo City.
ACEN sees bright prospects for Cagayan solar farm
by Brix Lelis - June 5, 2025 - 12:00am
Ayala-led ACEN Corp. is seeing bright prospects with the commercial launch of its massive solar farm in Cagayan, further strengthening its foothold in Luzon.
WESM rates ease in May on higher supply
by Brix Lelis - June 4, 2025 - 12:00am
The average price in the Wholesale Electricity Spot Market (WESM) dropped again in May as ample supply outweighed the surge in demand caused by extreme heat.
Razon deal powers First Gen’s RE expansion
by Brix Lelis - June 3, 2025 - 12:00am
Billionaire Enrique Razon Jr.’s multibillion-peso takeover of the Lopez Group’s gas assets is igniting ambitious expansion of First Gen Corp. into renewable energy.
MVP Group, PAL link up to treat Hong Kong OFWs
by Brix Lelis - June 3, 2025 - 12:00am
The MVP Group’s PLDT Global Corp. and MQuest Ventures Inc. are teaming up with flag carrier Philippine Airlines to bring a taste of home to overseas Filipino workers in Hong Kong.
Higher gasoline, diesel prices set today
by Brix Lelis - June 3, 2025 - 12:00am
Motorists should brace for another increase at the pumps today, with gasoline prices going up for the third straight week.
Meralco stepping up nuclear talks with SoKor firms
by Brix Lelis - June 2, 2025 - 12:00am
Power giant Manila Electric Co. (Meralco) is sending top executives to South Korea in July to advance its nuclear energy push, aiming to unlock its potential for Filipino households.
Razon-Lopez’s P50 billion deal sparks energy showdown
by Brix Lelis - June 2, 2025 - 12:00am
A billionaire showdown is taking shape as Enrique Razon Jr. and Federico Lopez team up for a P50-billion deal set to rival the power venture of Manuel V. Pangilinan, Ramon Ang and Sabin Aboitiz.
BIWC pilots power aggregation in Visayas
by Brix Lelis - June 1, 2025 - 12:00am
Boracay Island Water Co. Inc., a unit of Razon-led Manila Water, is making waves in the Visayas as the first company to embrace the government’s retail aggregation program.
Razon’s Prime Infra takes over Lopez Group’s gas business for P50 billion
by Brix Lelis - June 1, 2025 - 12:00am
Prime Infrastructure Capital Inc. of billionaire Enrique Razon Jr. is acquiring a 60-percent stake in Lopez-led First Gen Corp.’s gas business for P50 billion.
ACEN eyes to complete P30 billion share sale in September
by Brix Lelis - May 31, 2025 - 12:00am
Ayala-led ACEN Corp. is looking to finalize its P30-billion stock rights offering (SRO) in September, powering up its next phase of growth.
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