Meralco customers are poised to see lower electricity rates in September after the distributor signalled a likely reduction in the generation charge, which is the largest component of the retail tariff. “We...
San Miguel Global Power Holdings Corp. (SMGP), the power arm of San Miguel Corp., has further boosted its stake in Manila Electric Company (Meralco) by acquiring 1,034,624 additional shares from the Land...
The Department of Environment and Natural Resources–Environmental Management Bureau (DENR-EMB) will hold a public hearing later this month on the proposed expansion of a Zamboanga City gas turbine power plant owned by...
San Miguel Corp. (SMC), through its power arm San Miguel Global Power Holdings Corp., has finalized its acquisition of a 3.9% stake in Manila Electric Co. (Meralco), the country’s largest electricity distributor,...
Aboitiz Power Corporation has identified liquefied natural gas (LNG) as a vital component in its strategy to support the Philippines’ ever-demanding energy landscape while maintaining a balanced and diversified energy mix. In...
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...
Luzon’s energy supply got a jolt of good news today as the Linseed Field Corporation’s liquefied natural gas (LNG) terminal roared back to life, pumping out a solid 1,350 MW to bolster...
The new power supply contract from Manila Electric Company (MERALCO) has attracted top bidders, including subsidiaries of prominent energy firms Aboitiz Group, San Miguel, and First Gen Corporation. In a report by...
San Miguel Global Power (SMGP) anticipates an increase in revenue this year and the next as the company added another capacity to its 300-megawatt hour (MWh) Masinloc battery energy storage system and...
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...
