August 2, 2021

DOE to junk Meralco’s emergency supply procurement plea despite shortage

By Myrna M. Velasco – July 30, 2021, 6:38 PM from Manila Bulletin The Department of Energy (DOE) is inclined to disapprove the plea of power utility giant Manila Electric Company (Meralco) for emergency supply procurement despite highly probable supply […]
June 11, 2021

SMC Global issues $600-m bonds to fund power plants

By Alena Mae S. Flores – June 10, 2021 at 06:50 pm from manilastandard.net SMC Global Power Holdings Corp., the power generation arm of San Miguel Corp., said Thursday it issued $600-million worth of senior perpetual capital securities with an […]
February 22, 2021

2 SMC firms submit best bids for 20-year supply to Meralco

By Alena Mae S. Flores – February 19, 2021 at 09:15 pm from manilastandard.net Excellent Energy Resources Inc. and Masinloc Power Partners Co. Ltd., both controlled by San Miguel Corp., submitted the “two best bids” for Manila Electric Co.’s 20-year, […]
September 11, 2019

Meralco declares failed bidding for 1,200 MW supply

By Myrna M. Velasco – September 10, 2019, 10:00 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has declared “failure of bidding” on its competitive selection process (CSP) for the supply of 1,200 megawatts (MW) starting 2024. […]