SMC Global Power raising Php60B via bond offer
- May 5, 2022
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), has secured clearance from its Board of Directors to raise up to Php60 billion worth of bonds. In a disclosure
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), has secured clearance from its Board of Directors to raise up to Php60 billion worth of bonds. In a disclosure
The Energy Regulatory Commission (ERC) has jurisdiction to hear cases of anti-competitive behavior, abuse of market power, or other unfair trade or practices filed against the Manila Electric Company (MERALCO) and Aboitiz
Aboitiz Power Corporation will be developing 721 megawatts (MW) in renewable energy (RE) projects over the next three years as part of its growth strategy for the next decade. Among the projects
Korea Hydro & Nuclear Power (KHNP) said that it is willing to update its 2017 pre-feasibility study on the rehabilitation of the Bataan Nuclear Power Plant (BNPP) in 2017, while expressing keen
The country has enough supply to power through the elections on May 9, with or without unplanned outages from power plants, based on data from the Independent Electricity Market Operator of the
The Manila Electric Company (MERALCO) will be opening yet another round of competitive selection process (CSP), this time to auction power supply agreements covering 1,100 megawatts (MW) worth of baseload and mid-merit
Aboitiz Power Corporation recorded a 53% decline in its core net income for the first quarter of 2022 to Php2.9 billion versus from Php6.2 billion in the same period last year. In
The bill outlining the government’s policy on the regulation and development of electric vehicles (EV) in the country is now officially a law, as Republic Act (RA) 11697 or the Electric Vehicle
The Philippines has an estimated 178 gigawatts (GW) of potential offshore wind resources, the World Bank Group (WBG) and the Department of Energy (DOE) said in their “Offshore Wind Roadmap for the
The Philippines’ estimated renewable energy (RE) capacity went up by nine percent to 7,617 megawatts (MW) in 2021 from 6,986MW in 2020, according to a report by the International Renewable Energy Agency