San Miguel Corporation (SMC) has recognized a PHP 21.9-billion gain from its gas power partnership with Meralco PowerGen Corp. (MGEN) and AboitizPower’s Therma NatGas Power, Inc. (TNGP), following a revaluation of its...
The MVP Group, led by businessman Manuel V. Pangilinan, is considering the potential acquisition of San Miguel Corporation’s (SMC) recently acquired 3.8% stake in power distributor Manila Electric Co. (Meralco). SMC, through...
San Miguel Global Power Holdings Corp. (SMGP) is powering up its subsidiary, Mariveles Power Generation Corp. (MPGC), by facilitating a PHP 50 billion loan to enhance its 600 MW coal-fired power plant...
The Energy Regulatory Commission (ERC) has given provisional approval to two Power Supply Agreements (PSAs) involving Manila Electric Company (MERALCO) and the renewable energy subsidiaries of ACEN and San Miguel Corporation. In...
The Supreme Court (SC) has rejected the Energy Regulatory Commission’s (ERC) appeal to prevent the termination of a power supply contract involving major energy firms Manila Electric Company (MERALCO) and San Miguel...
Business giants Manuel Pangilinan, Ramon Ang, and Sabin Aboitiz are establishing a technical working group (TWG) together with the Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR)...
San Miguel Corporation (SPC) is advancing the development of the New Manila International Airport (NMIA) in Bulacan by utilizing solar energy for its construction to turn it into a carbon-neutral infrastructure. In...
The Energy Regulatory Commission (ERC) has given the green light to terminate two power supply agreements (PSAs) involving power units owned by San Miguel Corporation and Manila Electric Co. (MERALCO), with a...
Following the termination of a 330 megawatt (MW) power supply agreement (PSA) due to the recent verdict of the Court of Appeals, South Premiere Power Corporation (SPPC), a subsidiary of SMC Global...
The Court of Appeals (CA) has nullified the Energy Regulatory Commission’s (ERC) decision to deny the rate hike filed by the San Miguel Corporation (SMC) units and the Manila Electric Co. (MERALCO). ...
