February 14, 2020

PSALM asset privatization proceeds soar to P71.97 billion in 2019 from P33.34 billion

By Lenie Lectura – February 14, 2020 from Business Mirror PROCEEDS from last year’s privatization programs of the Power Sector Assets and Liabilities Management Corp. (PSALM) ballooned to P71.97 billion from P33.34 billion in 2018. “PSALM’s total privatization proceeds in […]
February 14, 2020

AboitizPower gearing up for expanded RE portfolio

By Lenie Lectura -February 14, 2020 from Business Mirror ABOITIZ Power Corp. is gearing up to expand its renewable-energy (RE) portfolio in the next 10 years. AboitizPower President and Chief Executive Officer Emmanuel Rubio said 65 percent of all new […]
February 13, 2020

PEMC-Iemop deal null and void from the start, lawmaker insists

By Lenie Lectura -February 13, 2020 from Business Mirror PUWERSA ng Bayaning Atleta (PBA) Party-list Rep. Jericho Nograles on Wednesday urged the  Department of Energy (DoE) to declare null and void the contract between the Philippine Electricity Market Corporation (PEMC) […]
February 13, 2020

Alsons expects to raise P694 million from commercial papers for RE funds

By Lenie Lectura -February 13, 2020 from Business Mirror ALCANTARA-LED Alsons Consolidated Resources Inc. (ACR) expects to raise P694 million worth of commercial papers, providing additional financial aid to fund the company’s renewable-energy (RE) projects. It said Wednesday that it […]