October 11, 2019

Phinma Energy approves rights offering, swap

By Alena Mae S. Flores – October 10, 2019 at 08:15 from manilastandard.net The board of Phinma Energy Corp., to be renamed AC Energy Philippines, has approved a stock rights offering of up to 2.27 billion shares at a price […]
September 28, 2019

Industry group supports Meralco supply contracts

By Alena Mae S. Flores – September 27, 2019 at 08:35 pm from manilastandard.net The Federation of Philippine Industries lauded the successful agreements to supply Manila Electric Co. with separate 1,200 megawatts and 500 MW effective December 26, 2019. “FPI […]
September 17, 2019

Meralco sets revised TOR for 1,200MW deal after failed bid

By Lenie Lectura -September 17, 201952 from Business Mirror THE Manila Electric Co. (Meralco) will turn over to the Department of Energy (DOE) on Tuesday the revised terms of reference (TOR) for a power supply contract with 1,200 megawatt (MW) greenfield […]
September 17, 2019

PSALM receivables still at P135 B

By Myrna M. Velasco – Updated September 16, 2019, 11:04 AM from Manila Bulletin The receivables of state-run Power Sector Assets and Liabilities Management Corp. from distribution utilities, generation companies as well as universal charges, are still whopping at P135.59 […]