A publicly listed holding company with business interests across renewable energy, alternative fuels, and oil and gas exploration and development.
Basic Energy Corporation (BEC) was incorporated on September 19, 1968, and listed on the Philippine Stock Exchange in 1972 under the ticker BSC. The company adopted its present name in 2007 to reflect a strategic pivot toward renewable energy and a holistic, diversified energy portfolio.
Through joint ventures and direct development of greenfield projects, BEC has established a presence across solar, geothermal, hydroelectric, wind, biomass, and conventional petroleum exploration.
Residential and commercial solarization projects under DOE Solar Energy Operating Contracts.
DOE service contracts developed in partnership with leading energy operators.
Service contract awarded for wind power plant development.
International biomass investments and continued biofuel development.
Petroleum exploration in northwest Palawan with active service contracts.
60% equity in Filoil Energy Corporation; partnerships across Asia.