August 2, 2022

Power plants of SMC incur losses on coal price rally

BY LENIE LECTURA – AUGUST 1, 2022 from Business Mirror Two power plants of SMC Global Power Holdings Corp. (SMCGP) have accumulated losses amounting to P15 billion due to skyrocketing global coal prices and unilateral natural gas supply restrictions from […]
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 […]
May 3, 2022

SMC unit needs P214B to finish capital projects

BY LENIE LECTURA – MAY 3, 2022 from Business Mirror SMC GLOBAL Power Holdings Corp. (SMCGP) would need P214.8 billion to finish its capital expenditure (capex) projects, including capital-intensive liquefied natural gas (LNG) power plants. In a filing, the power […]
April 25, 2022

Top PHL energy firms keen on tapping offshore wind

BY LENIE LECTURA – APRIL 25, 2022 from Business Mirror Power firms are heeding the call of the Department of Energy (DOE) to explore opportunities in the country’s offshore wind industry following last week’s release of the Philippines Offshore Wind […]