Author Archives: LM Staff

PSALM secures P100-billion syndicated loan, including P60 billion from LandBank

Land Bank of the Philippines said is extending majority of a P100-billion syndicated term loan...

EDC, Indonesia’s DSSR form joint venture for geothermal projects

Indonesia’s PT DSSR Daya Mas Sakti, a subsidiary of PT Dian Swastatika Sentosa Tbk, has...

ACEN unit allots P34.5B for 247-MW Banahaw Wind project

GIGAWIND4, INC., an ACEN Corp. unit, is earmarking P34.5 billion for a wind power project...

ERC directs Meralco, First Gen to justify proposed supply deal extension

THE Energy Regulatory Commission (ERC) has asked First Gen Corp. and Manila Electric Co. (Meralco)...

Peninsula Manila signs supply deal with MPower to switch to clean energy

MPower, the retail electricity arm of Manila Electric Co (Meralco), signed a new energy supply...

SMIC signals wider renewable energy push

SM INVESTMENTS CORP. (SMIC) is expanding its renewable energy portfolio through new geothermal projects and...

Exec: SMIC keen on wind power

SY-led SM Group is looking at expanding its commitment to pursuing renewable energy (RE) with...

San Miguel hikes stake in Meralco

MANILA, Philippines — Billionaire Ramon Ang’s San Miguel Corp. (SMC) has raised its stake in...

SMGP raises Meralco stake

SAN MIGUEL Global Power Holdings Corp. (SMGP) is acquiring additional shares in Manila Electric Co....

ERC reviews bidding rules to get more investments

THE Energy Regulatory Commission (ERC) plans to review the rules for power supply agreement (PSA)...