Maharlika Fund
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Maharlika Eyes Upgrade of Mindoro Power Lines to Curb Blackouts
The Philippines’ sovereign wealth fund is moving closer to a deal to acquire and upgrade vital power transmission assets on Mindoro island, in an effort to improve energy stability and reduce chronic outages, reports said.…
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Maharlika Wealth Fund Targets P2-B Power Upgrade for Blackout-hit Mindoro
The country’s’ newly-established sovereign wealth fund is close to finalizing its maiden investment in a power transmission project eyed at addressing chronic electricity shortages on Mindoro island, officials said. The One Mindoro Power Project, spearheaded…
Founder’S Profile
Romel “Direk” Ferriol Bernardo
Bernardo Creative Ventures, Inc., the company behind Direk Fuels, Oriental Mindoro’s homegrown gas station chain, and Direk Builders, which rents out heavy equipment, is expanding its portfolio by venturing into online media and content production.
The company’s entry into news media is not surprising, as its founder and CEO, Romel “Direk” Bernardo, was a television writer, producer, and director for over 15 years. From 2002 to 2007, he served as a researcher, writer, and producer for GMA-7’s top-rating show Imbestigador before becoming the executive producer for ABS-CBN’s award-winning documentary program, The Correspondents.
