January 3, 2018

Phinma Energy to withdraw lawsuit vs Psalm after Ippa deal terminated

By Lenie Lectura – January 2, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. and Phinma Energy Corp. have agreed to terminate the Independent Power Producer Administrators (Ippa) agreement for the 40-megawatt (MW) strip of energy of […]
December 22, 2017

San Miguel offers Ilijan plant if Malampaya gas dries up

By Lenie Lectura – December 21, 2017 from Business Mirror   SOUTH Premiere Power Corp. (SPPC) may operate the 1,200-megawatt (MW) Ilijan combined-cycle power plant as a peaking facility when gas from Malampaya runs out. This was expressed by Ramon Ang, president […]
December 20, 2017

SNAP to ramp up capacity via $1.75-billion spending

By Lenie Lectura – December 19, 2017 from Business Mirror THE SN Aboitiz Power (SNAP) Group may spend $1.75 billion in the next 10 years to ramp up its capacity by 500 megawatts (MW) more.“The rule of thumb is you spend $3 […]
December 20, 2017

SMC’s topline may kick up after purchase of Masinloc Power Plants

By Lenie Lectura – December 19, 2017 from Business Mirror SAN Miguel Corp. (SMC) can expect its acquisition of Masinloc Power Plants Co. Ltd. (MPPCL) to boost the company’s revenue by nearly 18.9 percent this year and by 13.7 percent in 2018. A […]