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 […]
July 12, 2022

Meralco, San Miguel units want to adjust PSA prices

BY LENIE LECTURA – JULY 11, 2022 from Business Mirror The staggering increase in fuel prices prompted two power units of San Miguel Corp. (SMC) and the Manila Electric Co. (Meralco) to seek regulatory approval for a temporary price adjustment […]
July 1, 2022

SMC unit ready to deploy BESS facilities

BY LENIE LECTURA – JUNE 30, 2022 from Business Mirror The power business of San Miguel Corp. (SMC) is now ready to deploy 500megawatt hour (MWh) of battery energy storage system (BESS) facilities out of the 31 planned BESS for […]