September 27, 2017

San Miguel postpones IPO of energy business

By Lenie Lectura – September 27, 2017 from Business Mirror SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp. (SMC), has postponed anew its planned initial public offering (IPO) this year due to unresolved issues involving contracts it entered […]
September 26, 2017

San Miguel power biz to bid for Masinloc plant ownership

By  Lenie Lectura – September 25, 2017 from Business Mirror THE power business of San Miguel Corp. (SMC) may bid for the controlling stake of AES Corp. in the 600-megawatt (MW) coal-power plant in Masinloc, Zambales. “Yes, we are interested,” said SMC […]
September 23, 2017

Meralco’s Abuse of Market Power Corrals Generators Into a Meralco Cartel …..With Long Term Implications (Part 1)

David Celestra Tan, MSK 21 September2017 Meralco’s public service franchise specifically prohibits it from engaging “ in any activity that will constitute an abuse of market power such as but not limited to, unfair trade practices, monopolistic schemes and any […]
September 18, 2017

Power producers face tough times on oversupply, pricing

By Lenie Lectura – September 18, 2017 from Business Mirror COMPANIES engaged in power generation may face tougher times ahead on account of a foreseen capacity oversupply and tough pricing condition. AC Energy Holdings Inc., which has installed around 1,000 megawatts (MW) last […]