November 8, 2018

AboitizPower 9-month net income rises 6%

By Lenie Lectura – November 8, 2018 from Business Mirror ABOITIZ Power Corp. (AboitizPower) on Wednesday reported a 25-percent jump in its net income in the third quarter of the year to P7.6 billion, bringing its nine-month income to P16.7 […]
November 8, 2018

MGen hopes for A1E contract OK

By Lenie Lectura – November 8, 2018 from Business Mirror MERALCO PowerGen Corporation (MGen), the power-generation arm of Meralco, remains hopeful that regulators will soon approve the power-supply agreement of the 2×600 megawatt Atimonan One Energy (A1E) plant in Quezon after the […]
November 5, 2018

MVP Group interested in coal plants AC Energy plans to sell

By Lenie Lectura – November 5, 2018 from Business Mirror THE group of Manuel V. Pangilinan is interested to take a look at the 4×135-megawatt coal-fired power plants in Mindanao that AC Energy Inc. has put on the auction block. “We heard […]
November 2, 2018

MGen seeks to hike RE output to over 1,000 MW

By Lenie Lectura – November 2, 2018 from Business Mirror The power generation arm of the Manila Electric Co. (Meralco) wants to increase its planned renewable-energy (RE) portfolio to over 1,000 megawatts (MW)—mostly solar power—in the next two years to […]