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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 388069 [Title] => Cebu’s Vivant to acquire Palawan-based power firm [Summary] => Cebu-based power holding firm Vivant Corp. has signed an agreement with Gigawatt Power Inc. (GPI) for the possible acquisition of Palawan-based power firm Delta P Inc.
In a disclosure to Philippine Stock Exchange (PSE), Vivant corporate secretary Jess Anthony Garcia, however, pointed out that the actual sale has yet to take place.
The memorandum of agreement with GPI will pave the way for the acquisition of up to 35 percent equity in Delta P., subject to its prior acquisition by GPI.
[DatePublished] => 2007-03-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 198388 [Title] => Power plant operator warns of blackout in Puerto Princesa [Summary] => Puerto Princesa is likely to experience a massive and prolonged power interruption starting this month if the National Power Corp. (Napocor) fails to settle its obligations to the Puerto Princesa power plant, the main source of electricity for the city. Lionel Rossignol, director of Delta P Inc. which operates the Puerto Princesa power plant, said the company will run out of funds to buy fuel.
Rossignol said since the company started its operations, it has not received any payment from Napocor for the energy it has generated and delivered.
[DatePublished] => 2003-03-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
DELTA P INC
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 388069 [Title] => Cebu’s Vivant to acquire Palawan-based power firm [Summary] => Cebu-based power holding firm Vivant Corp. has signed an agreement with Gigawatt Power Inc. (GPI) for the possible acquisition of Palawan-based power firm Delta P Inc.
In a disclosure to Philippine Stock Exchange (PSE), Vivant corporate secretary Jess Anthony Garcia, however, pointed out that the actual sale has yet to take place.
The memorandum of agreement with GPI will pave the way for the acquisition of up to 35 percent equity in Delta P., subject to its prior acquisition by GPI.
[DatePublished] => 2007-03-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 198388 [Title] => Power plant operator warns of blackout in Puerto Princesa [Summary] => Puerto Princesa is likely to experience a massive and prolonged power interruption starting this month if the National Power Corp. (Napocor) fails to settle its obligations to the Puerto Princesa power plant, the main source of electricity for the city. Lionel Rossignol, director of Delta P Inc. which operates the Puerto Princesa power plant, said the company will run out of funds to buy fuel.
Rossignol said since the company started its operations, it has not received any payment from Napocor for the energy it has generated and delivered.
[DatePublished] => 2003-03-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Donnabelle L. Gatdula | March 6, 2007 - 12:00am
By Donnabelle L. Gatdula | March 10, 2003 - 12:00am
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