February 25, 2020

San Miguel: Let courts rule on PSALM case vs SPPC

By Lenie Lectura -February 25, 2020 from Business Mirror San Miguel Corp. (SMC) criticized the government for releasing willy-nilly disputed figures to gain public approval in an ongoing case concerning the Ilijan power plant. The conglomerate has urged the Department […]
February 21, 2020

DOE allows posting of new TOR for 2nd round of Meralco’s CSP

By Lenie Lectura -February 21, 2020 from Business Mirror THE Department of Energy (DOE) has given the Manila Electric Co. the green light to proceed with the publication of the revised terms of reference (TOR) for the second round of the […]
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 […]