April 20, 2019

PCC approves Ayala’s acquisition for P3 billion of PHINMA energy assets

By Myrna M. Velasco – April 19, 2019, 10:00 PM from Manila Bulletin The final go-signal has been bestowed by the Philippine Competition Commission (PCC) on the acquisition by AC Energy Inc. of the energy assets of PHINMA group of […]
April 18, 2019

Mondelez taps EDC to power manufacturing plant in Parañaque

By Lenie Lectura – April 18, 2019 from Business Mirror MONDELEZ Philippines, the local unit of global snack giant Mondelēz International Inc., has tapped Energy Development Corp. (EDC) to supply power in its company’s manufacturing plant in Sucat, Parañaque City. […]
April 17, 2019

IEMOP holds 1st MPU since becoming WESM operator

By Lenie Lectura – April 17, 2019 from Business Mirror Independent Electricity Market Operator of the Philippines (IEMOP), operator of the Wholesale Electricity Spot Market, held its first-ever Market Participants Update (MPU) since assuming WESM operations from Philippine Electricity Market […]
April 17, 2019

Therma Visayas power plant in Cebu now operational

By Lenie Lectura – April 17, 2019 from Business Mirror THERMA Visayas Inc. (TVI), a subsidiary of AboitizPower, said on Tuesday its power plant in Cebu has started delivering energy. TVI’s first 170-megawatt baseload unit in Toledo City, Cebu, is […]