June 27, 2019

ERC approves Meralco, PFBS supply agreement

By Lenie Lectura – June 27, 2019 from Business Mirror THE Energy Regulatory Commission (ERC) has approved the long-term power supply agreement (PSA) between the Manila Electric Co. (Meralco) and the PowerSource First Bulacan Solar Inc. (PFBS). “The joint application […]
June 25, 2019

AC Energy completes purchase of 51.48% stake in Phinma Energy

By Lenie Lectura – June 25, 2019 from Business Mirror AC Energy Inc., the energy platform of Ayala Corp., has completed the acquisition of Phinma Inc.’s and Phinma Corp.’s (PHN) combined 51.48-percent stake in Phinma Energy Corp. (PHEN). “We are […]
June 25, 2019

PSALM to file recovery of P10.8-billion N.P.C. debt

By Lenie Lectura – June 25, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) said on Monday it would file next week before the Energy Regulatory Commission (ERC) two petitions to recover P10.843 billion from […]
June 20, 2019

GESC to supply 57 MW of power to Century Peak

By Lenie Lectura – June 20, 2019 from Business Mirror GLOBAL Energy Supply Corp. (GESC), the retail energy supplier of Global Business Power Corp. (GBP), will supply 57 megawatts (MW) of power to Century Peak Corp. (CPC). The two companies […]