Court voids revocation of Sipcor permits, ERC to file appeal
THE Energy Regulatory Commission (ERC) said Wednesday that it would be asking the Court of Appeals to reconsider a ruling overturning the agency’s 2025 decision to revoke S.I. Power Corp.’s (Sipcor) permits to operate. “With this development, we will be filing our motion for reconsideration through the Office of the Solicitor General,” ERC Chairman and CEO Francis Saturnino Juan said.Premiere Island Power REIT Corp. (PREIT), a real estate investment trust backed by Manuel Villar Jr.’s Prime Asset Ventures, ...