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2015 Audited Financial Statements
May 13, 2016
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Basic Energy unit weighs Mabini wind project’s partners

LISTED firm Basic Energy Corp. said its unit had signed agreements with several entities interested in its 50-megawatt (MW) Mabini wind project in Batangas. In a regulatory filing on Monday, Basic Energy said its subsidiary Mabini Energy Corp. signed confidentiality agreements with several parties as potential partners for the project. The Mabini wind power project…

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Basic Energy unit evaluates partners on Batangas wind project

Basic Energy Corp. said Monday wholly-owned subsidiary Mabini Energy Corp. signed confidentiality agreements with several interested parties in the development of the 50-megawatt Mabini wind project in Batangas province. The Mabini wind energy project covers about 4,860 hectares in the Mabini Peninsula, with an estimated  generating capacity of at least 50 MW. BEC said in…

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