August 24, 2022

SMC unit to terminate power deals as oil, coal prices soar

BY LENIE LECTURA – AUGUST 23, 2022 from Business Mirror SMC Global Power Holdings Corp. (SMCGP), the power arm of San Miguel Corp. (SMC) said Tuesday that it has already notified the Manila Electric Co. (Meralco) of its intent to […]
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 […]
August 17, 2022

SMC power unit allots P133B for capital projects

BY LENIE LECTURA – AUGUST 16, 2022 from Business Mirror SMC Global Power SMC Global Power Holdings, Corp. (SMCGP) said Tuesday over P133 billion has been authorized for capital projects but the amount has yet to be disbursed. “The outstanding […]
August 6, 2022

SMC Global Power suffers P1.831-B net loss in 1st half

By Myrna M. Velasco – August 5, 2022, 2:25 PM from Manila Bulletin SMC Global Power Holdings Corporation (SMCGP), the power generation investment arm of San Miguel Corp., suffered a net loss of P1.831 billion in the first semester this […]