December 26, 2018

PSALM debt payments hit P600B by mid-2018

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The scale of debt payments and settlement of financial obligations by state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reached a whopping P599.64 billion in the […]
December 26, 2018

Ayala to keep majority stake in Kauswagan power plant

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The investment arm of the Ayala group intends to retain majority stake in its 540-megawatt Kauswagan coal-fired power project in Lanao del Norte when the time comes […]
December 25, 2018

PXP Energy eyeing producing field to replace Malampaya gas (With moratorium lifting)

By Myrna M. Velasco – December 24, 2018, 10:00 PM from Manila Bulletin As it formalizes its request to the government on the lifting of moratorium on exploration ventures along diplomatically stifled petroleum blocks, PXP Energy Corporation of the Pangilinan […]
December 24, 2018

SN Aboitiz rolls out $28-M battery storage venture

By Myrna M. Velasco – Updated December 24, 2018, 11:20 AM from Manila Bulletin SN Aboitiz Power, Inc. (SNAP) will shell out US$28 million worth of investment for a planned 20-megawatt battery energy storage system (BESS) at its Magat hydropower […]