December 17, 2021
Published by admin at December 17, 2021
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PSALM ordered not to take on more liabilities from Mindanao power co-ops owing billions

By Marielle C. Lucenio – December 17, 2021 | 12:10 am from Business World THE Power Sector Assets and Liabilities Management Corporation (PSALM) said Wednesday that it has been instructed by the Department of Finance (DoF) to stop taking on […]
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December 17, 2021
Published by admin at December 17, 2021
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JERA finalizes purchase of stake in AboitizPower

By James A. Loyola – December 16, 2021, 2:58 PM from Manila Bulletin Aboitiz Equity Ventures Inc. (AEV) and JERA Co. Inc. have finalized the Japanese firm’s acquisition of a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower), following the […]
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December 16, 2021
Published by admin at December 16, 2021
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PNOC-EC withholds consent to sale of Malampaya stake

BY LENIE LECTURA – DECEMBER 15, 2021 from Business Mirror The Malampaya Deep Water Gas-to-Power Project, located 50 km offshore Northwest Palawan. The Philippine National Oil Co.-Exploration Corp. (PNOC-EC), which holds a 10-percent stake in the Malampaya consortium, is not […]
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December 16, 2021
Published by admin at December 16, 2021
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Solar PHL unit IPO 2x oversubscribed

BY VG CABUAG – DECEMBER 15, 2021 from Business Mirror Photo from www.solarnuevaecija.ph The initial public offering (IPO) of Solar Philippines Nueva Ecija Corp. (SPNEC), a unit of Solar Philippines Inc., was almost two times oversubscribed ahead of its market […]
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