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
Citicore Energy Solutions Inc. (CESI), the retail arm of Citicore Renewable Energy Corporation (CREC), has renewed five of its power supply contracts with its clients that are all expiring this year. The
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
PXP Energy Corporation will be pursuing its other exploration projects amid the suspension being imposed by the government in the West Philippine Sea (WPS). “The Group shall continue to pursue exploration work
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), is eyeing around Php 215 billion worth of capital expenditures this year for long-term investments. In a disclosure to the
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 Department of Trade and Industry (DTI) is drafting its zero-tariff policy for the importation of electric vehicles (EVs), which it hopes to have Pres. Rodrigo Duterte sign before stepping down on
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