August 22, 2022

San Miguel power unit buys PNOC banked gas for $1.2B

BY LENIE LECTURA – AUGUST 22, 2022 from Business Mirror South Premiere Power Corp. (SPPC), a unit of SMC Global Power Holdings Corp. (SMCGP), purchased the remaining banked gas of the Philippine National Oil Co. (PNOC) for $1.2 billion. “We […]
August 22, 2022

DOE sets ‘competitive challenge’ for Mindanao coal contracts

By Myrna M. Velasco – August 21, 2022, 8:30 PM from Manila Bulletin The Department of Energy (DOE) has scheduled a 60-day “competitive challenge” for coal operating contracts (COCs) originally applied for by Vintage-21 Coal Mining Corporation covering coal blocks […]
August 22, 2022

Razon group forms retail power marketing unit

By Myrna M. Velasco – August 21, 2022, 8:00 PM from Manila Bulletin Prime Infrastructure, the energy investment arm of the Razon group, will be joining the growing retail electricity suppliers (RES) catering to the power needs of contestable customers, […]
August 19, 2022

ACEN secures AU$100-M green loan for Aussie projects

By Myrna M. Velasco – August 18, 2022, 4:54 PM from Manila Bulletin Ayala-led ACEN Corporation has secured 100 million Australian dollars (roughly $69 million in US dollars) green loan from the DBS Bank of Australia to partly bankroll its […]