January 12, 2023

‘Expensive’ replacement power hikes Meralco rates

By Myrna M. Velasco – January 10, 2023, 2:03 PM from Manila Bulletin The comparatively expensive replacement power capacities secured from a power plant of the Aboitiz group and hefty purchases from the Wholesale Electricity Spot Market (WESM) had partly […]
December 19, 2022

Meralco, Aboitiz sign deal for 300-MW power supply

BY LENIE LECTURA – DECEMBER 19, 2022 from Business Mirror The Manila Electric Co. (Meralco) inked an emergency power supply agreement (EPSA) with GNPower Dinginin Ltd. of the Aboitiz Group for the supply of 300-MW baseload capacity starting December 15 […]
December 13, 2022

Meralco issues notice of claim vs SMC power unit

By Alena Mae S. Flores – December 12, 2022, 7:05 pm from manilastandard.net Power retailer Manila Electric Co. said Monday it issued a notice of claim against San Miguel Corp.’s South Premiere Power Corp. to cover the additional costs it […]
October 24, 2022

Aboitiz Power to buy another 35.4% stake in Mindanao coal plant operator

By Alena Mae S. Flores October 23, 2022, 7:05 pm from manilastandard.net Aboitiz Power Corp. expects to complete the acquisition of an additional 35.4-percent equity stake in STEAG State Power Inc., the operator of the 210-megawatt Mindanao coal-fired power plant […]