September 29, 2018

AboitizPower buys interest in AC Energy’s thermal uni

By Lenie Lectura – September 28, 2018 from Business Mirror ABOITIZ Power Corp. sealed a deal with AC Energy Inc. for the purchase of a stake in the latter’s thermal business, AA Thermal Inc., valued at $579.2 million. The transaction, subject […]
September 28, 2018

Aboitiz Power buys Ayala’s coal projects for $579.2m

By Alena Mae S. Flores – September 27, 2018 at 08:45 pm from manilastandard.net Aboitiz Power Corp. acquired a 49-percent voting interest and 60-percent economic stake in AA Thermal Inc., Ayala Group’s thermal or coal asset platform in the country, […]
September 28, 2018

IEMOP takes over electricity spot market

By Lenie Lectura – September 27, 2018 from Business Mirror THE Independent Electricity Market Operator of the Philippines Inc. (IEMOP) on Wednesday formally took over the Wholesale Electricity Spot Market (WESM) from the Philippine Electricity Market Corp. (PEMC). The takeover […]
September 27, 2018

Independent operator takes over electricity spot market

By Alena Mae S. Flores – September 26, 2018 at 07:50 pm from manilastandard.net Independent Electricity Market Operator of the Philippines Inc. took over Wednesday the operations of the Wholesale Electricity Spot Market, in place of Philippine Electricity Market Corp. […]