June 5, 2020

‘Yellow alert’ amid ample power supply alarms DOE

By Lenie Lectura – June 5, 2020 from Business Mirror The Luzon grid was placed on yellow alert for three hours on Thursday despite sufficient power supply. According to the Department of Energy (DOE), the issuance of the yellow alert, […]
June 5, 2020

AboitizPower unit sets sight on PSA for Navotas plant

By Lenie Lectura – June 5, 2020 from Business Mirror Therma Mobile Inc. (TMO), a subsidiary of Aboitiz Power Corp., is hopeful that it could soon forge a new power supply agreement (PSA) involving its 242-megawatt (MW) bunker-C fired power […]
June 5, 2020

MORE Power blames Peco for brownouts

By Lenie Lectura – June 5, 2020 from Business Mirror MORE Electric and Power Corp.  (MORE Power) on Thursday blamed Panay Electric Co. (Peco) for the hours-long power outages that occurred last month. The company said it had no choice […]
June 4, 2020

Ayala unit expands overseas footprint with stake in Infigen

By Lenie Lectura – June 4, 2020 from Business Mirror AC Energy Inc., through its affiliate UAC Energy Holdings Pty Ltd. (UAC Energy), is expanding its portfolio overseas with the acquisition of a 12.82-percent stake in Infigen Energy Ltd. (Infigen) […]