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                    [ArticleID] => 602701
                    [Title] => DOE may recommission mothballed power plants to ensure supply
                    [Summary] => 
The Department of Energy (DOE) is studying the possibility of recommissioning mothballed power plants to ensure the stability of power supply in the near term.
                    [DatePublished] => 2010-08-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 397998
                    [Title] => Meralco may raise rates by 50¢ due to higher spot market prices
                    [Summary] => 





Manila Electric Co. (Meralco) may have to brace for a 50-centavo per kilowatthour (kwh) increase in their electricity bills due to the continuing rise in power spot market prices.


Based on a preliminary report from the Philippine Electricity Market Corp. (PEMC),  spot prices at the country’s wholesale electricity spot market (WESM) have increased to P8 per kwh in April from P5.936 per kwh in March.


                    [DatePublished] => 2007-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 213843
                    [Title] => First Holdings’ offshore unit pays off $70-M loan
                    [Summary] => First Philippine Holdings Corp. (FPHC), the energy holding unit of the Lopez group, announced yesterday that its offshore subsidiary FGHC International Ltd. has completed the payment of its $70 million loan facility.


In a disclosure statement filed at the Philippine Stock Exchange, FPHC chief information officer Ernesto Rufino Jr. said FPHC paid the balance of $45.07 million consisting of principal and interest.  The loan was secured to finance the construction of a 500-megawatt (MW) power plant in San Lorenzo, Batangas.


                    [DatePublished] => 2003-07-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 211345
                    [Title] => Lopez company seeks another reprieve from debt payment
                    [Summary] => FGHC International Ltd., a wholly-owned subsidiary of the Lopez-controlled First Philippine Holdings Corp, (FPHC) has asked its creditors anew to extend the repayment date of its $60 million by another month or until July 31, 2003.


In a statement filed with the Philippine StockExchange yesterday, FPHC said it is still negotiatingfor a $30-million loan that, together with the $35-million borrowing from Asian Infrastructure Mezzanine Capital Fund (AIMCF), will allow FGHC International to settle the $60-million indebtedness.


                    [DatePublished] => 2003-06-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 209631
                    [Title] => First Phil Holdings seeks $30-M loan
                    [Summary] => First Philippine Holdings Corp. (FPHC) is negotiating with a foreign financial institution for another $30-million loan facility to cover the payments of some of its maturing obligations, according to its president and chief operating officer Elpidio Ibanez.


FPHC has just signed a $35-million loan facility from the Asian Infrastructure Mezzanine Capital Fund as part of its ongoing debt repayment program.


                    [DatePublished] => 2003-06-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

BAUANG PRIVATE POWER

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                    [ArticleID] => 602701
                    [Title] => DOE may recommission mothballed power plants to ensure supply
                    [Summary] => 
The Department of Energy (DOE) is studying the possibility of recommissioning mothballed power plants to ensure the stability of power supply in the near term.
                    [DatePublished] => 2010-08-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 397998
                    [Title] => Meralco may raise rates by 50¢ due to higher spot market prices
                    [Summary] => 





Manila Electric Co. (Meralco) may have to brace for a 50-centavo per kilowatthour (kwh) increase in their electricity bills due to the continuing rise in power spot market prices.


Based on a preliminary report from the Philippine Electricity Market Corp. (PEMC),  spot prices at the country’s wholesale electricity spot market (WESM) have increased to P8 per kwh in April from P5.936 per kwh in March.


                    [DatePublished] => 2007-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 213843
                    [Title] => First Holdings’ offshore unit pays off $70-M loan
                    [Summary] => First Philippine Holdings Corp. (FPHC), the energy holding unit of the Lopez group, announced yesterday that its offshore subsidiary FGHC International Ltd. has completed the payment of its $70 million loan facility.


In a disclosure statement filed at the Philippine Stock Exchange, FPHC chief information officer Ernesto Rufino Jr. said FPHC paid the balance of $45.07 million consisting of principal and interest.  The loan was secured to finance the construction of a 500-megawatt (MW) power plant in San Lorenzo, Batangas.


                    [DatePublished] => 2003-07-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 211345
                    [Title] => Lopez company seeks another reprieve from debt payment
                    [Summary] => FGHC International Ltd., a wholly-owned subsidiary of the Lopez-controlled First Philippine Holdings Corp, (FPHC) has asked its creditors anew to extend the repayment date of its $60 million by another month or until July 31, 2003.


In a statement filed with the Philippine StockExchange yesterday, FPHC said it is still negotiatingfor a $30-million loan that, together with the $35-million borrowing from Asian Infrastructure Mezzanine Capital Fund (AIMCF), will allow FGHC International to settle the $60-million indebtedness.


                    [DatePublished] => 2003-06-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 209631
                    [Title] => First Phil Holdings seeks $30-M loan
                    [Summary] => First Philippine Holdings Corp. (FPHC) is negotiating with a foreign financial institution for another $30-million loan facility to cover the payments of some of its maturing obligations, according to its president and chief operating officer Elpidio Ibanez.


FPHC has just signed a $35-million loan facility from the Asian Infrastructure Mezzanine Capital Fund as part of its ongoing debt repayment program.


                    [DatePublished] => 2003-06-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

DOE may recommission mothballed power plants to ensure supply

By Donnabelle L. Gatdula | August 16, 2010 - 12:00am

The Department of Energy (DOE) is studying the possibility of recommissioning mothballed power plants to ensure the stability of power supply in the near term.

Business

Meralco may raise rates by 50¢ due to higher spot market prices

By Donnabelle L. Gatdula | May 11, 2007 - 12:00am

Manila Electric Co. (Meralco) may have to brace for a 50-centavo per kilowatthour (kwh) increase in their electricity bills due to the continuing rise in power spot market prices. Based on a preliminary...

Business

First Holdings’ offshore unit pays off $70-M loan

By Zinnia B. Dela Peña | July 16, 2003 - 12:00am

First Philippine Holdings Corp. (FPHC), the energy holding unit of the Lopez group, announced yesterday that its offshore subsidiary FGHC International Ltd. has completed the payment of its $70 million loan facility. In...

Business

Lopez company seeks another reprieve from debt payment

By Zinnia B. Dela Peña | June 25, 2003 - 12:00am

FGHC International Ltd., a wholly-owned subsidiary of the Lopez-controlled First Philippine Holdings Corp, (FPHC) has asked its creditors anew to extend the repayment date of its $60 million by another month or until...

Business

First Phil Holdings seeks $30-M loan

By Zinnia B. Dela Peña | June 11, 2003 - 12:00am

First Philippine Holdings Corp. (FPHC) is negotiating with a foreign financial institution for another $30-million loan facility to cover the payments of some of its maturing obligations, according to its president...

Business