December 9, 2019

PSALM brings down liabilities to P416B as of end-October ’19

By Lenie Lectura -December 9, 2019 from Business Mirror THE  Power Sector Assets and Liabilities Management Corp. (PSALM) has trimmed down its financial liabilities by P33.2 billion this year, bringing its outstanding balance to P416 billion as of end-October this […]
November 14, 2019

Uy’s Udenna gets 45% stake in Malampaya gas

By Alena Mae S. Flores – November 13, 2019 at 07:30 pm from manilastandard.net Udenna Corp. of businessman Dennis Uy has signed an agreement to acquire the entire shareholdings of Chevron Malampaya LLC, a wholly-owned subsidiary of Chevron Philippines Ltd. […]
October 14, 2019

SBPL’s 500 MW coal-fired plant to switch on Tuesday

By Lenie Lectura -October 14, 2019 from Business Mirror SAN Buenaventura Power Ltd. (SBPL) will “switch on” its 500-megawatt (MW) supercritical coal-fired power plant in Mauban, Quezon, on Tuesday, injecting the much additional capacity needed in the Luzon grid. SBPL, […]
October 3, 2019

Environmental group lauds ERC for approving first HELE power plant

By Meanne Rosales – October 1, 2019 at 4:27pm from Power Philippines ENVIRONMENTAL GROUP PHILIPPINE BUSINESS FOR ENVIRONMENTAL STEWARDSHIP (PBEST) PRAISED THE ENERGY REGULATORY COMMISSION’S (ERC) APPROVAL TO OPERATE THE FIRST COAL-FIRED POWER PLANT THROUGH HIGH EFFICIENCY LOW EMISSION (HELE) […]