October 26, 2024

PHINMA secures P1-B SRO approval

‘DoE attributed the lower investor turnout during GEA-2 to factors like supply limitations, low incentives, delays in grid impact studies, and the high cost of financial guarantees.’ By Maria Bernadette Romero – 26 Oct 2024, 00:20 from Daily Tribune PHINMA […]
September 28, 2019

ERC refuses to confirm ‘least cost’ claims in new Meralco contracts

By Myrna M.Velasco – September 27, 2019, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is still not inclined at confirming that the new power supply agreements (PSAs) underwritten by power utility giant Manila Electric Company (Meralco) are […]
March 7, 2019

Ayala Energy plans divestment of oil and gas part of PHINMA acquisition

By Myrna M. Velasco – March 6, 2019, 10:00 PM from Manila Bulletin The energy investment arm of the Ayala group plans to eventually unload the upstream petroleum part of its acquisition from the Del Rosario-led PHINMA Energy Corporation. “The […]
February 12, 2019

AC Energy inks deal on Phinma Energy stake

By Jordeene B. Lagare – February 12, 2019 from The Manila Times AC Energy Inc., the energy platform of Ayala Corp., has signed an investment agreement with Phinma Corp. on buying the latter’s 26.25-percent stake in subsidiary Phinma Energy Corp. […]