Basic Energy to spend up to P300M on RE project pre-development - BusinessWorld Online

Basic Energy to spend P300M for renewables expansion

MANILA, Philippines – Basic Energy Corp. (BEC), which is focused on renewable energy and alternative fuels, plans to spend about P300 million to fund its expansion in the next two to three years. Oscar de Venecia, president and CEO of the listed firm, said the capital would support projects that are either being built or […]...Keep on reading: Basic Energy to spend P300M for renewables expansion

Basic Energy to spend up to P300M on RE project pre-development - BusinessWorld Online

LISTED renewable energy (RE) firm Basic Energy Corp. (BEC) has earmarked up to P300 million to finance the pre-development activities for its renewable energy projects in the pipeline over the next two to three years. “For the ongoing projects, plus maybe pre-development on the others, we’re looking somewhere around 300 million in the next two to three years,” BEC President and Chief Executive Officer Oscar L. De Venecia, Jr. told reporters on W…