February 15, 2019

GNPower plant gets priority status

By Alena Mae S. Flores – February 14, 2019 at 07:55 pm from manilastandard.net The Energy Department issued a certificate of energy project of national significance to GNPower Dinginin Ltd. Co. for the commercial phase of its 1,336-megawatt supercritical coal-fired […]
December 26, 2018

Ayala to keep majority stake in Kauswagan power plant

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The investment arm of the Ayala group intends to retain majority stake in its 540-megawatt Kauswagan coal-fired power project in Lanao del Norte when the time comes […]
September 28, 2018

Aboitiz Power buys Ayala’s coal projects for $579.2m

By Alena Mae S. Flores – September 27, 2018 at 08:45 pm from manilastandard.net Aboitiz Power Corp. acquired a 49-percent voting interest and 60-percent economic stake in AA Thermal Inc., Ayala Group’s thermal or coal asset platform in the country, […]
July 25, 2018

Ayala weighs thermal assets’ equity sale

By Myrna M. Velasco – July 24, 2018, 10:00 PM from Manila Bulletin The energy investment group of the Ayala group has reportedly “suspended for the meantime” its planned equity sell-down on its thermal power assets, according to sources privy […]