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Lenie Lectura

23 posts

SMC keeps power supply deals with Meralco

CONGLOMERATE San Miguel Corp. (SMC) did not terminate the power supply deals with the Manila Electric Company (Meralco), but said on Tuesday it will exhaust all legal remedies to continue supplying power to the utility firm while fulfilling its responsibilities to its shareholders.

ACEN lists green bonds on PDEx

ACEN Corp. has successfully listed its maiden peso-denominated Asean green bonds on the Philippine Dealing and Exchange Corp. (PDEx) platform. It said Thursday that the P10-billion green bonds, with a fixed interest rate of 6.0526 percent per annum for a five-year tenor, were 8.6 times oversubscribed.

Citicore renews RE supply deals

Citicore Energy Solutions Inc. (CESI), the retail electricity supply arm of Citicore Power Inc., said it was able to renew its renewable energy (RE) supply contracts with 5 of its long-time partners for another two years.

Solar firms eye Meralco supply deal

SunAsia Energy Inc. has formed a consortium of solar power developers to challenge Terra Solar’s unsolicited bid to supply 850 megawatts (MW) of mid-merit renewable energy to the Manila Electric Co. (Meralco).