September 3, 2019

PSALM’s sale proceeds now at P338.7 billion

By Myrna M. Velasco – Updated September 2, 2019, 10:44 AM from Manila Bulletin The balance of privatization proceeds that state-run Power Sector Assets and Liabilities Management Corporation (PSALM) still bound to collect now just hovers at P338.73 billion, which […]
September 3, 2019

AboitizPower’s P10-billion bond sale to pay loans gets highest rating

By Lenie Lectura – September 3, 2019 from Business Mirror ABOITIZ Power Corp. has secured the highest credit score for its P10-billion bond sale. Local credit rater Philippine Ratings Services Corp. (Philratings) assigned an issue credit rating of PRS Aaa, […]
September 3, 2019

First Gen picks Japan’s JGC for LNG project in Batangas

By Lenie Lectura – September 3, 2019 from Business Mirror FIRST GEN Corp. (FGEN) has chosen JGC Corp. of Japan as the engineering, procurement and construction (EPC) contractor for its billion-dollar liquefied natural gas (LNG) project in Batangas. This marks […]
September 2, 2019

Renewable energy plan under review as share of clean sources declines

By Victor V. Saulon – September 1, 2019 | 11:45 pm from Business World RENEWABLE energy’s dwindling share in the country’s mix of power sources has prompted the government to review its program that was meant to help ensure energy […]