January 14, 2022

Visayan Electric probing linemen ‘extortion’ raps

By Myrna M. Velasco January 13, 2022, 2:15 PM from Manila Bulletin Power utility firm Visayan Electric Company is investigating complaints that some of its linemen or contractors are allegedly resorting to extortion in exchange for prioritization of re-energization of […]
January 12, 2022

Aboitiz unit seeks approval of SEC for P10-B bond float

BY LENIE LECTURA – JANUARY 11, 2022 from Business Mirror Aboitiz Power Corp. is seeking the green light of the Securities and Exchange Commission (SEC) for the issuance of up to P10 billion in fixed-rate retail bonds. The amount represents […]
January 11, 2022

SPNEC board approves hike in capital stock

BY VG CABUAG AND LORENZ S. MARASIGAN – JANUARY 10, 2022 from Business Mirror The board of Solar Philippines Nueva Ecija Corp. (SPNEC) has approved the increase in the company’s authorized capital stock to 50 billion shares from 10 billion […]
January 10, 2022

PSALM collects P672-B from NPC sale

By Myrna M. Velasco – January 9, 2022, 10:10 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) reported that the magnitude of privatization proceeds it collected from the divestment of National Power Corporation (NPC) assets […]