November 15, 2019

PECO not selling assets to more

By Jordeene B. Lagare – November 15, 2019 from The Manila Times PANAY Electric Co. (PECO) is not interested in selling its power assets to MORE Electric and Power Corp. (MORE Power) or to other interested entities, its official said. […]
November 15, 2019

Sarangani coal plant drives ACR’s revenue; 9-month net income up 198%

By Lenie Lectura -November 15, 2019 from Business Mirror ALCANTARA-LED Alsons Consolidated Resources Inc. (ACR) booked a whopping 198-percent increase in net income from January to September this year, from P197.39 million in the same period a year ago to P587.7 […]
November 15, 2019

First Gen 9-month income up 21% to US$217-M

By Myrna M. Velasco – By Myrna M. Velasco from Manila Bulletin With stronger sales from its diminutive 97-megawatt Avion power facility and better financial turnout for subsidiary Energy Development Corporation (EDC), Lopez-owned First Gen Corporation logged 21-percent income jump […]
November 14, 2019

Citing projected power capacity crunch, Meralco prods ERC to act on its PSAs

By Lenie Lectura -November 14, 2019 from Business Mirror FOLLOWING the successful auction via Competitive Selection Process (CSP) of Manila Electric Company’s (Meralco) 1,7000 megawatts (MW) of required capacity, the utility firm is moving to ask regulators to approve the […]