February 5, 2019
Published by admin at February 5, 2019
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PSALM to tap $1.1-B new loans to pay maturing debts

By Myrna M. Velasco – February 4, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is firming up plans to tap fresh loans of US$1.1 billion that it will utilize to settle maturing […]
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February 4, 2019
Published by admin at February 4, 2019
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Aboitiz Power to transfer barges to Visayas

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Two of the mothballed power barges from the 242-megawatt Therma Mobile, Inc. (TMO) bunker-C fired power plant in Navotas will be transferred by the Aboitiz Power Corp. […]
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February 4, 2019
Published by admin at February 4, 2019
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PSALM logs P14-billion losses as of Q3

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Due to swelling foreign exchange (forex) losses, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) logged a very dismal financial performance as of third quarter last […]
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February 4, 2019
Published by admin at February 4, 2019
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Razon group eyes Palawan electric cooperative next

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Billionaire Enrique K. Razon is eyeing Palawan Electric Cooperative (PALECO) as its next business conquest in the power distribution segment of the country’s restructured electricity sector. Razon’s […]
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