November 9, 2020

SMC power firm logs P14.5-B net profit, up 27%

By Myrna M. Velasco – November 8, 2020, 5:30 AM from Manila Bulletin The power investment unit of San Miguel Corporation (SMC) considerably bucked the odds of electricity demand slump and economic contraction this year, as its three-quarter income climbed […]
November 6, 2020

‘AboitizPower spending plan aimed at hiking RE portfolio’

By Lenie Lectura – November 5, 2020 from Business Mirror Aboitiz Power Corp. is setting aside P24 billion for capital expenditures (capex) next year to support new and existing power projects meant to boost its renewables portfolio and eventually hit […]
November 5, 2020

Typhoon Rolly’s damage to power infrastructure initially estimated at P33.5 million

By Lenie Lectura -November 5, 2020 from Business Mirror In this handout photo provided by the Philippine Red Cross, the remains of homes at a community after Typhoon Goni passes by San Andres, Catanduanes province, eastern Philippines on Monday Nov. […]
November 5, 2020

PSALM seeking bids for real-estate assets

By Lenie Lectura – November 4, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said Wednesday it would rebid three real-estate assets for a total of P26.34 million. The state firm is selling its Loboc […]