January 16, 2024

PSALM set to turn over Casecnan plant in February

By Alena Mae S. Flores – January 15, 2024, 7:30 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. (PSALM) expects to turn over the 165- megawatt Casecnan hydroelectric power plant (CHEPP) to winning bidder Fresh River Lakes […]
September 25, 2023

PSALM to end corporate life with P113 billion debt

By Manila Standard – September 24, 2023, 9:15 pm from manilastandard.net State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said it expects to have a residual debt of about P113 billion beyond its corporate life, which expires in June […]
August 10, 2023

First Gen’s six-month recurring income up 30%

By Alena Mae S. Flores – August 9, 2023, 8:20 pm from manilastandard.net Lopez Group‘s clean and renewable energy provider First Gen Corp. said Wednesday recurring net income climbed 30 percent in the first half to $167 million (P9 billion) […]
June 29, 2023

PSALM sets CBK hydro privatization next year

By Alena Mae S. Flores – June 28, 2023, 6:55 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. has moved the planned privatization of the  797.92 megawatts Caliraya-Botocan-Kalayaan hydropower plants to 2024. “PSALM finalizing our plans for […]