June 7, 2023

Aboitiz Power completes acquisition of higher stake in Mindanao coal plant

By Alena Mae S. Flores – June 6, 2023, 9:35 am from manilastandard.net Aboitiz Power Corp. said Monday it completed the acquisition of an additional 35.4-percent equity in STEAG State Power Inc., the operator of the 210-megawatt Mindanao coal-fired power […]
February 14, 2020

PSALM asset privatization proceeds soar to P71.97 billion in 2019 from P33.34 billion

By Lenie Lectura – February 14, 2020 from Business Mirror PROCEEDS from last year’s privatization programs of the Power Sector Assets and Liabilities Management Corp. (PSALM) ballooned to P71.97 billion from P33.34 billion in 2018. “PSALM’s total privatization proceeds in […]
December 8, 2016

Buyout of IPP contracts eyed

by Alena Mae S. Flores – December 06, 2016 at 09:00 pm from Manila Standard Today Power Sector Assets and Liabilities Management Corp. has proposed buying out the independent power producer contracts of three plants in order to proceed with the eventual sale […]