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Published • Philippines • Updated

ERC Presses Power Firms to Go Public

Summary by Daily Guardian
The Energy Regulatory Commission (ERC) is stepping up efforts to compel power companies to comply with a two-decade-old rule requiring them to list at least 15% of their shares on the stock market, as mandated under the Electric Power Industry Reform Act of 2001 (EPIRA). Only 37 out of 251 generation firms, or just 15%, have met the public listing requirement, according to ERC Chairperson Monalisa Dimalanta. “We have been trying to enforce it, b…
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ERC Presses Power Firms to Go Public

The Energy Regulatory Commission (ERC) is stepping up efforts to compel power companies to comply with a two-decade-old rule requiring them to list at least 15% of their shares on the stock market, as mandated under the Electric Power Industry Reform Act of 2001 (EPIRA). Only 37 out of 251 generation firms, or just 15%, have met the public listing requirement, according to ERC Chairperson Monalisa Dimalanta. “We have been trying to enforce it, b…

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Daily Guardian broke the news in on Friday, March 28, 2025.
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