October 9, 2020

SMC Global Power’s board approves issuance of $300-million securities

October 08, 2020 at 06:07 pm by Alena Mae S. Flores from manilastandard.net SMC Global Power Holdings Corp., the power arm of San Miguel Corp., said Thursday its board approved the issuance of $300 million in undated senior perpetual capital […]
September 17, 2020

PSALM selling Pampanga property to pare down

By Lenie Lectura – September 16, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) is selling its property in Pampanga for P803 million to raise funds so it could repay its debts. In a bid […]
August 21, 2020

SMC unit taps AG&P for LNG project

By Lenie Lectura – August 21, 2020 from Business Mirror SMC Global Power Holdings Corp., a wholly-owned subsidiary of conglomerate San Miguel Corp. (SMC), is partnering with Atlantic Gulf & Pacific (AG&P) for its planned LNG (liquefied natural gas) project […]
June 15, 2020

SMC debt to PSALM swells to P27 B

By Myrna M. Velasco – June 14, 2020, 10:00 PM from Manila Bulletin The accounts receivables of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) from South Premiere Power Corporation (SPPC), a subsidiary of San Miguel Corporation (SMC), had […]