February 21, 2020

San Miguel power unit: We paid PSALM P315 billion as of January

By Lenie Lectura -February 21, 2020 from Business Mirror SAN Miguel Corp. (SMC) through its power unit, South Premiere Power Corp. (SPPC), has paid a total of P314.6 billion to the Power Sector Assets and Liabilities Management Corp. (PSALM) as of January […]
January 8, 2020

SMC unit to raise $500 million for battery storage projects

By Lenie Lectura -January 8, 2020 from Business Mirror Photo shows a greenfield power plant of SMC Global Power which uses clean combustion technologies. The power unit of San Miguel Corp. (SMC) is raising $500 million from the issuance of […]
September 12, 2019

Meralco to sign new PSAs with SMC, Ayala

By Myrna M. Velasco – September 11, 2019, 10:00 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) will sign three new power supply agreements (PSAs) this Friday, August 13, with the energy companies of San Miguel Corporation […]
July 23, 2019

SMC, MGen keen on joining bidding for Meralco’s PSAs

By Lenie Lectura – July 23, 2019 from Business Mirror SAN Miguel Corp. (SMC) and Meralco PowerGen Corp. (MGen) are interested to participate in the Manila Electric Co.’s (Meralco) three power-supply contracts that are up for bidding via competitive selection […]