August 31, 2022

‘Closing Meralco PSAs with SMC power units to give consumers a huge burden’

BY LENIE LECTURA – AUGUST 31, 2022 from Business Mirror Patrick Roque/Wikimedia Commons Commons   Meralco Building in Ortigas Avenue in Pasig City THE Manila Electric Company (Meralco) warned on Tuesday that consumers would have to shoulder billions of pesos […]
August 31, 2022

Aboitiz unit announces early redemption of retail bonds

BY LENIE LECTURA – AUGUST 31, 2022 from Business Mirror Aboitiz Power Corp. on Tuesday said it intends to exercise the early redemption of its P7.7-billion fixed-rate retail bonds ahead of the January 2024 maturity date. In a disclosure to […]
August 25, 2022

Meralco unit starts work on solar project

BY LENIE LECTURA – AUGUST 24, 2022 from Business Mirror Another solar power project of Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), will be added to its portfolio to meet its target renewable energy […]
August 24, 2022

SMC unit to terminate power deals as oil, coal prices soar

BY LENIE LECTURA – AUGUST 23, 2022 from Business Mirror SMC Global Power Holdings Corp. (SMCGP), the power arm of San Miguel Corp. (SMC) said Tuesday that it has already notified the Manila Electric Co. (Meralco) of its intent to […]