September 25, 2024

San Miguel Global Power to sell $100-M perpetual notes

By Lenie Lectura – September 25, 2024 from Business Mirror SMC Global Power Holdings Corp. has secured board approval to issue $100 million in senior perpetual capital securities. The power arm of conglomerate San Miguel Corp. (SMC) said the issuance […]
September 4, 2024

SMC: Supreme Court junks ERC appeal on power deals

By Lenie Lectura – September 4, 2024 from Business Mirror San Miguel Corp. (SMC) said Tuesday the Supreme Court (SC) denied with finality an appeal filed by the Energy Regulatory Commission (ERC) against the power supply agreements (PSAs) it forged […]
August 20, 2024

Credit metrics of San Miguel energy unit seen improving

By Lenie Lectura – August 20, 2024 from Business Mirror Financial research firm CreditSights said it looks forward to “better credit metrics” for San Miguel Global Power Holdings Corp. (SMGP) through the second half of the year, citing the power […]
May 9, 2024

Watchdog backs ERC appeal on Meralco-SMC deals

By Alena Mae S. Flores – May 8, 2024, 8:40 pm from manilastandard.net The watchdog group Power for People Coalition (P4P) expressed support for the move by the Energy Regulatory Commission (ERC) to appeal before the Supreme Court (SC) the […]