May 1, 2020

AboitizPower records lower income in January-March

By Lenie Lectura – May 1, 2020 from Business Mirror Aboitiz Power Corp. posted a lower income at end-March this year, mainly due to tax payments, interest expense and power plant outage incidents. From January to March this year, the […]
April 30, 2020

Meralco seeks CSP deferment

By Danessa Rivera – April 29, 2020 – 12:00am From The Philippine Star MANILA, Philippines — Manila Electric Co. (Meralco) plans to defer its competitive selection process (CSP)  for 1,200 megawatt greenfield capacity due to volatile oil prices and the […]
April 30, 2020

MGen gets OK to resume work on Bulacan solar power project

By Lenie Lectura – April 29, 2020 from Business Mirror The Meralco PowerGen Corp. (MGen) has been cleared by the local government to partially resume work on its P4.25-billion solar power project in Bulacan. “We have been given partial authority […]
April 29, 2020

Aboitiz Power pays ₱9-billion cash dividends

By Myrna M. Velasco – Updated April 29, 2020, 8:35 AM from Manila Bulletin Despite wading through challenges last year, listed Aboitiz Power Corporation had recompensed its shareholders with ₱9.0 billion cash dividend for 2019, which accounts for half of […]