June 8, 2020

Meralco sees lower electric rates in June

By Lenie Lectura – June 8, 2020 from Business Mirror AHEAD of the June electricity rate announcement, the Manila Electric Co. (Meralco) expects lower rates this month. “There is a likelihood of a rate reduction this June,” said Meralco Utility […]
June 5, 2020

AboitizPower unit sets sight on PSA for Navotas plant

By Lenie Lectura – June 5, 2020 from Business Mirror Therma Mobile Inc. (TMO), a subsidiary of Aboitiz Power Corp., is hopeful that it could soon forge a new power supply agreement (PSA) involving its 242-megawatt (MW) bunker-C fired power […]
June 5, 2020

MORE Power blames Peco for brownouts

By Lenie Lectura – June 5, 2020 from Business Mirror MORE Electric and Power Corp.  (MORE Power) on Thursday blamed Panay Electric Co. (Peco) for the hours-long power outages that occurred last month. The company said it had no choice […]
June 4, 2020

Ayala unit expands overseas footprint with stake in Infigen

By Lenie Lectura – June 4, 2020 from Business Mirror AC Energy Inc., through its affiliate UAC Energy Holdings Pty Ltd. (UAC Energy), is expanding its portfolio overseas with the acquisition of a 12.82-percent stake in Infigen Energy Ltd. (Infigen) […]