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 moreBasic Energy Corporation (BSC) has initiated the transfer of shares from its subsidiary, RDG Wind Energy Corporation, to another wholly owned unit, Basic Diversified Industrial Holdings Inc. This cross-sale is a key step in BSC’s joint development of the Mabini Wind Energy Project, a 50-megawatt venture with Japanese renewable energy firm RENOVA Inc. The transaction…
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