February 21, 2020

San Miguel power unit: We paid PSALM P315 billion as of January

By Lenie Lectura -February 21, 2020 from Business Mirror SAN Miguel Corp. (SMC) through its power unit, South Premiere Power Corp. (SPPC), has paid a total of P314.6 billion to the Power Sector Assets and Liabilities Management Corp. (PSALM) as of January […]
February 21, 2020

‘Looming power gap a generation issue’

By Lenie Lectura -February 21, 2020 from Business Mirror THE impending power shortage in the summer months this year is mainly due to power generation problems, the National Grid Corporation of the Philippines (NGCP) said on Thursday. As such, the […]
February 20, 2020

PCC approves Ayala unit, PINAI share purchase deal

By Lenie Lectura -February 20, 2020 from Business Mirror The Philippine Competition Commission (PCC) has approved AC Energy Philippines’s (ACEPH) takeover of the Philippine Investment Alliance for Infrastructure’s (PINAI) solar farm in Negros Occidental. ACEPH said on Wednesday that it […]
February 20, 2020

Ayala Group secures bigger stake in West Palawan offshore contract

By Danessa Rivera – February 19, 2020 – 12:00am from The Philippine Star MANILA, Philippines — ACE Enexor Inc. (formerly Phima Petroleum and Geothermal Inc.) has secured a bigger stake in service contract (SC)  55 offshore west Palawan after one […]