October 23, 2020

SMC Global raising capital for Batangas LNG terminal

By Lenie Lectura – October 22, 2020 from Business Mirror SMC Global Power Holdings Corp. is raising $400 million from the issuance of senior perpetual capital securities to fund, among others, its entry into the liquefied natural gas (LNG) business. […]
October 23, 2020

Ayala energy firm inks new subscription deal with subsidiary

By Myrna M. Velasco – October 22, 2020, 1:17 PM from Manila Bulletin Ayala-owned AC Energy Philippines (ACEN) has executed a new subscription agreement with subsidiary Ingrid Power Holdings Inc. for the parent firm to purchase specified number of shares; […]
October 23, 2020

Rural utilities warn delayed bill payments to have serious impact on industry

By Adam J. Ang – October 22, 2020 | 9:12 pm from Business World THE delayed payment of power bills during the entire quarantine period will have a serious impact on the entire power supply chain, electric cooperatives warned. Government […]
October 22, 2020

NEA to work with ECs, DPWH on line transfers

By Jordeene B. Lagare – October 22, 2020 from The Manila Times The National Electrification Administration (NEA) will work with electric cooperatives (ECs) and the Department of Public Works and Highways (DPWH) to relocate electric poles more quickly. In a […]