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 […]
October 7, 2022

San Miguel unit sets sights on selling power in WESM

BY LENIE LECTURA – OCTOBER 7, 2022 from Business Mirror SMC Global Power Holdings Corp. (SMCGP) will terminate its two power supply agreements (PSAs) with the Manila Electric Co. (Meralco) and sell the output of the two power plants in […]
September 13, 2022

Luzon grid on ‘red alert’; brownouts feared

By Myrna M. Velasco – September 12, 2022, 9:26 AM from Manila Bulletin Following a “brownout weekend” that affected millions of consumers, Luzon grid tumbled into new round of “red alert” on Monday, Sept. 12, that extended until 8 pm […]
July 28, 2022

Aboitiz Power income slightly down in H1

By Myrna M. Velasco – July 27, 2022, 2:39 PM from Manila Bulletin The profitability of listed firm Aboitiz Power Corporation slightly declined by 2.0 percent to P10 billion in the first half this year from P10.1 billion in the […]