Basic Energy Corporation (BEC) is a publicly listed holding company in the Philippines. It has business interests in various fields of renewable energy and alternative fuels, and oil and gas exploration and development.
Fifty years since it was established, BEC has undergone a dramatic transformation from an operating company into a holding company. Aligned with its primary purpose of developing alternative and renewable energy sources, it changed its corporate name to Basic Energy Corporation from Basic Petroleum Corporation in 2007.
BEC continues to fuel the Philippines’ vibrant energy sector with the breadth and depth of its projects and technical knowledge. It aims to be the leading developer of alternative and renewable energy, oil and allied products and services in the country.
Notice of Public Auction
Date: September 12, 2023
Time: 10:00 AM
Venue: GM Building EDSA Wack-Wack Mandaluyong City
Details: download here
Bidding Procedures: download here
Bidder Information Form (Individual): download here
Bidder Information Form (Corporation): download here
Notice of 2023 Annual Stockholders’ Meeting
Date: September 20, 2023
Time: 3:00 P.M.
1. Call to Order
2. Certification of Notice of Meeting and Existence of Quorum
3. Approval of the Minutes of the Stockholders’ Meeting held on August 31, 2022
4. Presentation of the 2022 Annual Report with highlights of the 2022 Consolidated Audited Financial Statements
5. Ratification of Acts of the Board of Directors and Management for 2022
6. Election of Directors for 2023-2024
7. Approval of the Proposed Amendments to the By-laws
8. Appointment of External Auditors for the 2023 Financcial Statements
9. Other Matters
ASM 2023 Documents may download here
Proxy Form may download here
ASM 2023 Registration Form here
MANILA -After winning a service contract from the Department of Energy (DOE), listed Basic Energy Corp. (BEC) will develop a wind project in Batangas province in the next five years in a goal to boost the Luzon grid’s generation capacity by up to 168 megawatts (MW). In a stock exchange disclosure on Friday, BEC said…read more
MANILA – Basic Energy Corp said on Friday the Department of Energy approved its Wind Energy Service Contract (WESC) for its Balayan Nearshore Wind Power Project. The new WESC was approved just weeks after the DOE approved the contract for its Panay Onshore Wind Power Project, Basic Energy said in a disclosure to the stock…read more