September 22, 2022

ERC starts deliberations on SMC rate hike petition

By Alena Mae S. Flores September 20, 2022, 6:50 pm from manilastandard.net The commission en banc of the Energy Regulatory Commission started deliberations on the temporary relief filed by San Miguel Corp. and Manila Electric Co. on their 2019 power […]
August 31, 2022

‘Closing Meralco PSAs with SMC power units to give consumers a huge burden’

BY LENIE LECTURA – AUGUST 31, 2022 from Business Mirror Patrick Roque/Wikimedia Commons Commons   Meralco Building in Ortigas Avenue in Pasig City THE Manila Electric Company (Meralco) warned on Tuesday that consumers would have to shoulder billions of pesos […]
August 22, 2022

San Miguel power unit buys PNOC banked gas for $1.2B

BY LENIE LECTURA – AUGUST 22, 2022 from Business Mirror South Premiere Power Corp. (SPPC), a unit of SMC Global Power Holdings Corp. (SMCGP), purchased the remaining banked gas of the Philippine National Oil Co. (PNOC) for $1.2 billion. “We […]
July 27, 2022

SMC Global bonds breach ₧30-B goal on high demand

BY LENIE LECTURA – JULY 26, 2022 from Business Mirror SMC Global Power Holdings Corp. (SMCGP) has raised P40 billion from the listing of its fixed rate bonds on the Philippine Dealing and Exchange Corp. (PDEX), the largest corporate bond […]