February 3, 2023

ACEN takes full ownership of Australian joint venture

BY LENIE LECTURA – FEBRUARY 3, 2023 From Business Mirror ACEN Renewables International (ACRI), a subsidiary of Ayala-led ACEN Corp., took full control of UPC Renewables Asia Pacific Holdings (UPCAPH) after completing the second and final tranche of the acquisition. […]
February 2, 2023

Meralco: Power supply deal with SPPC still suspended

BY LENIE LECTURA – FEBRUARY 2, 2023 from Business Mirror The Manila Electric Co. (Meralco) said on Wednesday its 670MW power supply agreement (PSA) with South Premiere Power Corp. (SPPC) remains suspended until the Court of Appeals (CA) issues a […]
February 2, 2023

NPC wants to recover fuel cost

BY LENIE LECTURA – FEBRUARY 2, 2023 From Business Mirror The National Power Corp. (NPC) is seeking to recover over P1 billion in fuel cost it incurred in 2020. In a filing with the Energy Regulatory Commission (ERC), the state […]
February 1, 2023

PSALM: 14 bidders keen on CHEPP

BY LENIE LECTURA – FEBRUARY 1, 2023 from Business Mirror Fourteen prospective bidders have signified their intent to participate in the sale of the 165-megawatt Casecnan Hydroelectric Power Plant (CHEPP), the Power Sector Assets and Liabilities Management Corp. (PSALM) said […]