March 2, 2018

Phinma Energy’s bottom line plunges to 75%

By Lenie Lectura – March 1, 2018 from Business Mirror PHINMA Energy Corp.’s net income plunged 75 percent to P347 million last year, from P1.383 billion in 2016. In its disclosure to the Philippine Stock Exchange, Phinma Energy said the […]
January 3, 2018

Phinma Energy to withdraw lawsuit vs Psalm after Ippa deal terminated

By Lenie Lectura – January 2, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. and Phinma Energy Corp. have agreed to terminate the Independent Power Producer Administrators (Ippa) agreement for the 40-megawatt (MW) strip of energy of […]
December 30, 2017

Phinma Energy, PSALM reach deal to terminate Leyte power contract

By Alena Mae S. Flores – December 29, 2017 at 08:43 pm from manilastandard.net Phinma Energy Corp. and Power Sector Assets and Liabilities Management Corp. have agreed to mutually terminate the administration agreement for the 40-megawatt strip of energy of the Unified […]
December 24, 2016

Coal-price volatility may force DOE to revise energy-mix policy next year

By Lenie Lectura – December 23, 2016 from Business Mirror THE Department of Energy (DOE) is contemplating on the possibility of amending a year-old circular to accommodate a new energy-mix policy. Energy Undersecretary Felix William B. Fuentebella, in an interview, said the Competitive […]