Aboitiz Power Corp. (AboitizPower), and San Miguel Corp. (SMC) have finalized their $3.3-billion deal to build an integrated liquefied natural gas (LNG) facility in Batangas. In separate announcements ...

Power retailer Manila Electric Co. (Meralco) said Tuesday it will draw from its P75-billion credit facility with BDO Unibank Inc., Bank of the Philippine ...

Three of the country’s biggest conglomerates announced Tuesday the financial close for the $3.3-billion liquefied natural gas ...

These reductions offset the increase in PSA charges, which was caused by lower plant dispatch. For the period, Meralco sourced 34 percent, 30 percent and 36 percent of its energy requirements from ...

“These reductions tempered the P0.5638 per kWh increase in charges from power supply agreements (PSAs) due to lower plant dispatch,” the company said. WESM, IPPs, and PSAs accounted for 34%, 30%, and ...

Lower charges also tempered the P0.5638 per kWh hike from Power Supply Agreements (PSA) due to lower plant dispatch. PSAs account for 36% of Meralco’s energy requirement in January. The power ...

Meralco, which also has a sizable power generation ... Through CGHI, they will invest in the 1,278-megawatt (MW) Ilijan gas-fired power plant of San Miguel Global Power Holdings Corp. (SMGP ...

on the back of lower plant dispatch. “While electricity rates decreased this month, we would like to remind our customers to continue practicing energy efficiency as a way of life especially with the ...

After over two decades of deregulation, the Philippine power sector remains a complex challenge—marked by unreliable service, ...

Meralco said the loan ... Through their joint venture, MGen and TNPI intend to invest in two gas-fired power plants owned by tycoon Ramon Ang’s San Miguel Global Power Holdings Corp. (SMGP).

The country’s top power firms have achieved financial close for their liquefied natural gas (LNG) facility which recently received the green light of the government’s competition watchdog. In separate ...

The deal involves Meralco’s power generation arm ... (SPPC), which owns and operates 1,278 megawatt (MW) Ilijan power plant. The SPPC is owned by San Miguel Global Power Holdings Corp. (San ...