May 21, 2018

AC Energy selling 50% of thermal power projects

By Lenie Lectura – May 20, 2018 from Business Mirror AC Energy, the power arm of conglomerate Ayala Corp., is selling as much as half of its thermal-energy platform, in a bid to balance the firm’s renewables and thermal portfolios. […]
May 21, 2018

Citicore Power hikes solar-power capacity to 163 MW

By Lenie Lectura – May 20, 2018 from Business Mirror CITICORE Power Inc. (CPI) has ramped up its solar-power portfolio to 163 megawatts following the acquisition of five solar-power plants with 59.9 MW of capacity from Armstrong Asset Management Pte. […]
May 21, 2018

Veco’s over 7,000 third-party agents make it easy to pay electric bills

By Lenie Lectura – May 20, 2018 from Business Mirror VISAYAN Electric Co. (Veco), a joint venture of Aboitiz Power Corp. and Vivant Corp., now has over 7,000 third-party agent (TPA) partner establishments, making it more convenient for its customers to pay […]
May 20, 2018

PSALM suspends Malaya plant sale

By Myrna M. Velasco – May 19, 2018, 10:00 PM from Manila Bulletin The board of Power Sector Assets and Liabilities Management Corporation (PSALM) in its last meeting has decided to temporarily suspend “privatization plans” for the 650-megawatt Malaya thermal […]