The Climate Corporation October 11, 2011, WeatherBill changed its name to The Climate Corporation. In June 2013 the U.S. Department of Agriculture's Risk Management Agency authorized the Climate Corporation to administer federal crop insurance policies for the 2014 crop year. In October, 2013 Monsanto announced that it was acquiring the company for approximately $1.1 billion. In November 2013 the company launched Climate Basic and Climate Pro, a set of advisory tools for farmers utilizing data science to help farmers make optimal decisions. In February 2014 the company announced it merged with Monsanto’s Integrated Farming System and Precision Planting divisions. In February 2014 the
Electricity sector in the Philippines any losses incurred during delivery). It is regulated by the ERC who has rate-making powers and the final say in the valuation of transmission assets. Pursuant to the Electric Power Industry Reform Act (EPIRA) and the Transmission Development Plan or TDP, maintenance and operations of the nationwide transmission system was subjected to competitive public bidding conducted by the Power Sector Assets and Liabilities Management (PSALM). The National Grid Corporation of the Philippines (NGCP) was the highest bidder. It assumed control of the national transmission system from the National Transmission Corporation (TransCo), whom assumed the same function from the now defunct