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SMC pursues sale in 2014 of power unit stake for $1B

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Conglomerate San Miguel Corp. will pursue the sale of 49 percent of its power generation unit for as much as $1 billion, through an initial public offering next year.

Posted: December 27th, 2013 in Headlines | Read More »

San Miguel plans to take power generation business public

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PAL president Ramon S. Ang: Turnaround.  AP FILE PHOTO

San Miguel Corp. plans to offer its power generation business to the public this 2014 and to expand its energy portfolio through more acquisitions.

Posted: December 27th, 2013 in Latest Business Stories | Read More »

Solon pines for pre-Epira days in power generation

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Screengrab from Napocor website http://www.napocor.gov.ph/

The head the House committee on energy is yearning for the days before the government handed over to the private sector the keys to the power generation industry under the Electric Power Industry Reform Act (Epira) 12 years ago.

Posted: December 24th, 2013 in Latest Business Stories | Read More »

Meralco sets power plant in Quezon

The power generation arm of Manila Electric Co. (Meralco) is set to put up a 460-megawatt coal-fired power plant in Quezon in partnership with Thailand’s Electricity Generating Public Co. Ltd. (Egco).

Posted: August 27th, 2013 in Headlines | Read More »

Meralco eyeing SMC power assets

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Manuel V. Pangilinan    INQUIRER FILE PHOTO

Manuel V. Pangilinan-led Manila Electric Co., which is making an aggressive push into power generation, may acquire stakes in power assets that San Miguel Corp. may offer to strategic investors or to the public through the stock market.

Posted: August 8th, 2013 in Editor's Pick,Headlines | Read More »

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