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The Aragorn Power and Energy Corp. (APEC) was granted a one-year extension by the Department of Energy (DOE) for its geothermal renewable energy service contract (GRESC) In a disclosure to the Philippine...
The planned initial public offering (IPO) of the SMC Global Power Holdings Corp., has been pushed back again following the conflict with the Power Sector Assets and Liabilities Management Corp (PSALM) over...
The San Miguel Corp. (SMC) said that it doesn’t have outstanding debts with the Power Sector Assets and Liabilities Management Corp. Company subsidiary South Premiere Power Corp (SPPC) said that it has...
The Aboitiz Power Corp is keen on positioning their bid for the 630-megawatt (MW) Masinloc power plant in Zambales. The power plant, which is seen to close its bidding by the end...
STX Marine Service has won the contract to operate and maintain the Rizal-based 650 – megawatt (MW) Malaya Thermal Power Plant. The contract was awarded by the Power Sector Assets and Liabilities...
Aboitiz-led GNPower Mariveles Coal Plant Ltd. Co. is moving forward with refinancing activities after securing agreements with five local banks to raise funds amounting up to $800 million. In a statement released...
The Aboitiz Power Corporation saw a two percent (2%) decline in its core net income to P9.7 billion for the first half of 2017 due to foreign exchange losses. The company lost...
The First Gen Corp. will sell 31.5 percent of its subsidiary, Energy Development Corp. (EDC) to the consortium of investment fund managers of the Macquarie Infrastructure and Real Assets (MIRA) and Arran...
Power Sector Assets and Liabilities Management Corp (PSALM) is seeking regulators’ approval to pass onto consumers some P3.69 billion in losses; these stemmed from contracts with independent power producers (IPPs). The state-run...
The National Transmission Corp. (Transco) plans to cover the P8-billion backlog to be paid to renewable energy developers system through a zero-percent interest P15-20 billion loan from World Bank and Asian Infrastructure...
