November 14, 2023

First Gen raises P20 billion to support Casecnan plant acquisition

By Alena Mae S. Flores – November 13, 2023, 3:17 pm from manilastandard.net Casecnan hydroelectric power plant First Gen Corp. said Monday it signed term loan agreements with BDO Unibank Inc. and Bank of the Philippine Islands for P20-billion loan […]
October 2, 2023

First Gen eyes CBK hydropower plants

By Alena Mae S. Flores – October 1, 2023, 8:55 pm from manilastandard.net First Gen Corp. expressed interest in the privatization of the 797.92-megawatt Caliraya-Botocan-Kalayaan hydropower plants by 2024 after successfully winning the 165-megawatt Casecnan hydroelectric power plant. “We’re looking […]
September 25, 2023

PSALM to end corporate life with P113 billion debt

By Manila Standard – September 24, 2023, 9:15 pm from manilastandard.net State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said it expects to have a residual debt of about P113 billion beyond its corporate life, which expires in June […]
September 22, 2023

Iloilo’s MORE Power reduces September rate

By Sheldeen Joy Talavera – September 21, 2023 | 8:45 pm from Business World ILOILO CITY power consumers served by MORE Electric and Power Corp. (MORE Power) will face lower electricity charges in September, with the average rate for residential […]