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. […]
February 11, 2019

Ayala eyes buyout of Japanese partner in Batangas power project

By Myrna M. Velasco – February 10, 2019, 10:00 PM from Manila Bulletin The energy investment arm of the Ayala group is weighing its options on the possibility of buying out the 20-percent equity of a Japanese firm-partner in the […]