April 11, 2019
Published by admin at April 11, 2019
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AboitizPower borrows $300 million from foreign banks to buy AC Energy’s thermal assets

By Lenie Lectura – April 11, 2019 from Business Mirror ABOITIZ Power Corp. signed a $300-million loan facility with foreign banks to partly finance its acquisition of AC Energy Inc.’s thermal assets. “AboitizPower signed a facility agreement with DBS Bank […]
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April 11, 2019
Published by admin at April 11, 2019
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ERC gives NGCP go-ahead to build La Trinidad line project

By Lenie Lectura – April 11, 2019 from Business Mirror THE Energy Regulatory Commission (ERC) has approved the application of the National Grid Corp. of the Philippines (NGCP) to proceed with its P644-million La Trinidad-Calot 69-kV line project. “The NGCP’s […]
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April 11, 2019
Published by admin at April 11, 2019
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ERC, DOE commit to act on PSAs for power projects

By Myrna M. Velasco – April 10, 2019, 10:00 PM from Manila Bulletin With decrepit infrastructure and lack of firm investment commitments, the Department of Energy (DOE) and Energy Regulatory Commission (ERC) have finally been prompted to act on pending […]
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April 10, 2019
Published by admin at April 10, 2019
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No new power projects committed

Amid increase in demand   By Myrna M. Velasco – April 9, 2019, 10:00 PM from Manila Bulletin Despite the string of yellow alerts or thinning power reserves straining Luzon grid to breaking point, the Department of Energy (DOE) has […]
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