September 27, 2017

San Miguel postpones IPO of energy business

By Lenie Lectura – September 27, 2017 from Business Mirror SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp. (SMC), has postponed anew its planned initial public offering (IPO) this year due to unresolved issues involving contracts it entered […]
September 27, 2017

Danish RE firm notes hazy PHL policy on wind power

By  Lenie Lectura – September 27, 2017 from Business Mirror VESTAS Asia Pacific Wind Technology Pte. Ltd. expressed anew its concern on the lack of clear-cut policy of the Philippine government on incentives for wind-power projects. “What the industry needs is a clarity […]
September 26, 2017

San Miguel power biz to bid for Masinloc plant ownership

By  Lenie Lectura – September 25, 2017 from Business Mirror THE power business of San Miguel Corp. (SMC) may bid for the controlling stake of AES Corp. in the 600-megawatt (MW) coal-power plant in Masinloc, Zambales. “Yes, we are interested,” said SMC […]
September 22, 2017

MRC Allied to buy six more renewable-energy developers

By Lenie Lectura – September 20, 2017 from Business Mirror MRC Allied Inc. is eyeing to acquire a significant stake in six more renewable-energy (RE) developers soon, following the successful acquisition of a 15-percent stake in a 50-megawatt (MW) solar project in Leyte. […]