Brix Lelis
@brixlelis
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Energy Reporter at The Philippine STAR | Former EIC at UE Dawn | Former Business Reporter at The Manila Times | đź“© [email protected]
Taguig City
Joined November 2020
A new era begins for CAMPI as Jose Maria Atienza is formally installed as president, succeeding Rommel Gutierrez. @PhilippineStar
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@PhilippineStar This will be billed just in time for the onset of the summer season, a period when electricity rates usually climb due to high demand caused by hotter temperatures. @PhilippineStar
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The ERC has authorized the collection of an additional P0.2816 per kilowatt-hour for 12 to 36 months or until the total amount is fully recovered. @PhilippineStar
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ATTENTION, MERALCO CUSTOMERS! Meralco customers are set to face over P31 billion in additional charges starting March following the Energy Regulatory Commission’s approval of claims by several power producers. @PhilippineStar
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HEADS UP, MOTORISTS Fuel prices are set to increase again on Tuesday, Jan. 27, with diesel going up by P1.40/L, gasoline by P0.40/L, and kerosene by P0.80/L. This marks the fifth consecutive hike for diesel and kerosene and a three-week uptrend for gasoline. @PhilippineStar
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Ayala raising P30 billion from bond issuance @richmercurio
philstar.com
Ayala Corp., the country’s oldest conglomerate, is returning to the bond market to raise as much as P30 billion.
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SPNEC rebrand sparks buzz over MGreen listing @brixlelis
philstar.com
SP New Energy Corp. is set to rebrand to align with Meralco PowerGen Corp., but the move has sparked speculation about a potential backdoor listing of MGEN’s renewable power arm.
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Cirtek woes linger; hunt for investors continue
philstar.com
 Cirtek Holdings Philippines Corp., a listed integrated technology company chaired by Jerry Liu, said it continues to face significant challenges due to the global slowdown in market demand, hamper...
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JUST IN: Batangas Rep. Leandro Leviste resigns as a member of the board of directors of SP New Energy Corp. (SPNEC), citing “personal reasons.” This comes after Leviste stepped down from the board of SPNEC unit Terra Solar Philippines Inc. @PhilippineStar
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@PhilippineStar The 200-billion MTerra Solar project is poised to become the world’s largest integrated solar farm upon full completion next year. @PhilippineStar
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Meralco PowerGen Corp. president and CEO Emmanuel Rubio succeeds Leviste. The board reorganization comes as MTerra Solar advances toward commissioning and the initial injection of energy from its massive solar farm with battery storage in Central Luzon. @PhilippineStar
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JUST IN: Businessman-turned-politician Leandro Leviste has stepped down as a member of the board of directors of Terra Solar Philippines (MTerra Solar), a subsidiary of the Meralco Group’s SP New Energy Corp. @PhilippineStar
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ACEN allots P60 billion capex for Philippines expansion @brixlelis
philstar.com
Ayala-led ACEN Corp. is doubling down on the Philippine market, ramping up its capital spending to at least P60 billion this year to fund ongoing and planned domestic projects.
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FIRST YELLOW ALERT IN 2026 The Visayas grid has been placed under yellow alert from 5 PM to 7 PM today due to outages at several power plants, according to the NGCP. A yellow alert is issued power reserves fall to critically low levels. @PhilippineStar
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The Philippines has the sun, wind and bold clean energy targets. On paper, going green should be simple. But in reality, it is anything but, as building power plants requires more than sun, wind and good intentions.
philstar.com
The Philippines has the sun, wind and bold clean energy targets. On paper, going green should be simple. But in reality, it is anything but, as building power plants requires more than sun, wind and...
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Citicore allots $2 billion for capex to hit 3 GW capacity this year
philstar.com
Citicore Renewable Energy Corp. is setting aside roughly $2 billion (about P118.9 billion) to ramp up its project rollout, targeting to hit three gigawatts in capacity by year-end.
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ERC proposes P8/kWh cap for WTE auction
philstar.com
The Energy Regulatory Commission has set an initial ceiling price of P8.0167 per kiloWatt-hour for the upcoming waste-to-energy auction this year.
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Starting on Tuesday, Jan. 20, major oil companies are set to hike prices of diesel by P2/L, gasoline by P1/L, and kerosene by P1.50/L. @PhilippineStar
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@PhilippineStar The Malampaya consortium, led by tycoon Enrique Razon Jr.’s Prime Energy, has invested around $893 million for the Malampaya Phase 4 drilling campaign, which involves the drilling of two new deepwater wells and an exploration field. @PhilippineStar
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