October 25, 2021

No phaseout of coal power plants in Mindanao – Cusi

By Myrna M. Velasco – October 24, 2021, 7:00 AM from Manila Bulletin The Department of Energy (DoE) has categorically countered the planned buy-out and phaseout or retirement of coal-fired power plants in Mindanao, specifying that this is not part […]
September 17, 2021

San Miguel unit issues $150-M securities

BY LENIE LECTURA – SEPTEMBER 16, 2021 from Business Mirror The power unit of conglomerate San Miguel Corp. (SMC), SMC Global Power Holdings Corp. (SMCGP), issued $150 million in additional securities with an initial rate of distribution of 5.45 percent […]
September 9, 2021

SMC Global Power to offer $100-M perpetual securities

BY LENIE LECTURA – SEPTEMBER 8, 2021 from Business Mirror SMC Global Power Holdings Corp. (SMCGP) is raising $100 million from the issuance of additional senior perpetual capital securities to finance its proposed 1,313 megawatt (MW) combined cycle power plant […]
June 2, 2021

Commissioning of SMC BESS projects finalized

BY LENIE LECTURA – JUNE 2, 2021 from Business Mirror Some of SMC Global Power Holdings Corp.’s (SGPHC) battery energy storage systems (BESS) projects have achieved final commissioning last month. The technology group Wärtsilä said Tuesday the first two energy […]