Aboitiz Power Corp. said Friday it completed the acquisition of an additional 15.6-percent equity stake in STEAG State Power Inc. (SPI) valued at $11 million, bringing its total interest to 85 percent.
SPI developed the 210-megawatt (MW) coal-fired power plant, including the transmission line and related facilities at the PHIVIDEC Industrial Estate in Misamis Oriental.
The power plant was built through a build-operate-transfer agreement with the National Power Corp. for 25...
PetroEnergy Resources Corp. (PERC) of the Yuchengco Group said Wednesday consolidated net income attributable to equity holders of the parent company climbed 7 percent...
The Energy Regulatory Commission (ERC) said Tuesday its initial investigation showed that five power generating companies breached the unplanned outage allowance.
ERC director for market...
