October 2, 2024

GNPD submits lowest bid for Meralco supply

By Ed Paolo Salting – October 2, 2024 from The Manila Times MANILA Electric Co. (Meralco) said Tuesday it had secured the lowest offer for its 400-megawatt (MW) mid-merit supply requirement from Aboitiz Power Corp.’s GNPower Dinginin Ltd. Co. (GNPD). […]
September 25, 2024

San Miguel Global Power to sell $100-M perpetual notes

By Lenie Lectura – September 25, 2024 from Business Mirror SMC Global Power Holdings Corp. has secured board approval to issue $100 million in senior perpetual capital securities. The power arm of conglomerate San Miguel Corp. (SMC) said the issuance […]
March 24, 2023

ERC to weigh rate impact of terminated SMC supply deals

BY MYRNA M. VELASCO – Mar 23, 2023 3:56 PM from Manila Bulletin The Energy Regulatory Commission (ERC) said it will weigh the rate impact as well as implications on next year’s supply of the terminated power supply agreements (PSAs) […]
March 18, 2023

Watch Meralco rates, ERC told, as San Miguel quits ’21 supply contract

By Alena Mae S. Flores – March 18, 2023, 1:40 am from manilastandard.net Consumer groups have asked the Energy Regulatory Commission (ERC) to closely monitor any power rate changes in the Manila Electric Co. (Meralco) franchise area following the decision […]