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Ayala-led Bank of the Philippine Islands is spearheading a consortium of banks raising $525 million for AES Philippines to partially bankroll the construction of a power plant in Masinloc, Zambales.

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The power unit of Manila Electric Co. (Meralco) and Thailand’s Electricity Generating Public Co. Ltd. (EGCO) have started the construction of a 460-megawatt (MW) supercritical coal-fired power plant in Mauban, Quezon.

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San Buenaventura Power Ltd. Co. (SBPL), the joint venture between Manila Electric Co. (Meralco) and Thailand’s Electricity Generating Public Co. Ltd. (EGCO), has secured a P42.15-billion loan from a consortium of local banks to bankroll the construction of its supercritical coal-fired power plant in Mauban, Quezon.

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The local unit of American energy giant AES Corp. is earmarking at least $700 million for the initial 300-megawatt (MW) expansion of the 630-MW Masinloc coal-fired power plant in Zambales, a ranking official said yesterday.

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Thai power firm Electricity Generating Public Co. Ltd. (EGCO) has gained full control of the power firm operating the 460-megawatt (MW) coal-fired electric generating facility in Quezon province after buying out its partner.

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San Buenaventura Power Ltd. Co. (SBPL), the joint venture formed by Meralco PowerGen (MGen), the power generation arm of Manila Electric Co. (Meralco), and a Thai power firm is on track to jumpstarting its 455-megawatt coal-fired power plant in Quezon, an official said.

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American energy giant AES Corp. is selling a 45 percent stake in the 630-megawatt Masinloc coal-fired power plant to Electricity Generating Public Co. Ltd. (EGCO) Group of Thailand for $453 million.

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Meralco PowerGen Corp., the power generation arm of Manila Electric Co. (Meralco), is hoping to start the construction of the planned 460-megawatt San Buenaventura coal-fired power plant in Mauban, Quezon this year, a ranking official said.

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Meralco PowerGen Corp., the power generation arm of Manila Electric Co. (Meralco), has moved closer to jumpstarting its planned 460-megawatt San Buenaventura coal-fired power plant in Mauban, Quezon.

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ELECTRICITY GENERATING PUBLIC CO

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Thai power firm Electricity Generating Public Co. Ltd. (EGCO) has gained full control of the power firm operating the 460-megawatt (MW) coal-fired electric generating facility in Quezon province after buying out its partner.

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American energy giant AES Corp. is selling a 45 percent stake in the 630-megawatt Masinloc coal-fired power plant to Electricity Generating Public Co. Ltd. (EGCO) Group of Thailand for $453 million.

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abtest

BPI-led consortium pools $525 M for power project

By Lawrence Agcaoili | January 27, 2016 - 9:00am

Ayala-led Bank of the Philippine Islands is spearheading a consortium of banks raising $525 million for AES Philippines to...

Business

Meralco unit, Thai partner break ground for Quezon plant

December 14, 2015 - 9:00am

The power unit of Manila Electric Co. (Meralco) and Thailand’s Electricity Generating Public Co. Ltd. (EGCO) have started the construction of a 460-megawatt (MW) supercritical coal-fired power plant in Mauban,...

Business

Meralco-Thai firm joint venture secures P42-B loan for Quezon coal power plant

December 1, 2015 - 9:00am

San Buenaventura Power Ltd. Co. (SBPL), the joint venture between Manila Electric Co. (Meralco) and Thailand’s Electricity Generating Public Co. Ltd. (EGCO), has secured a P42.15-billion loan from a consortium...

Business

AES earmarks $700M for Masinloc plant expansion

November 24, 2015 - 9:00am

The local unit of American energy giant AES Corp. is earmarking at least $700 million for the initial 300-megawatt (MW) expansion of the 630-MW Masinloc coal-fired power plant in Zambales, a ranking official said...

Business

Thailand’s EGCO gains full control of coal-fired Quezon power plant

October 2, 2015 - 10:00am

Thai power firm Electricity Generating Public Co. Ltd. (EGCO) has gained full control of the power firm operating the 460-megawatt (MW) coal-fired electric generating facility in Quezon province after buying out...

Business

Meralco seeks partners for coal power projects

By Iris Gonzales | February 26, 2015 - 12:00am

Manila Electric Co. (Meralco), the country’s biggest power distributor, is looking for partners for its coal projects...

Business

Meralco-EGCO is on track with Quezon plant

By Iris Gonzales | November 2, 2014 - 12:00am

San Buenaventura Power Ltd. Co. (SBPL), the joint venture formed by Meralco PowerGen (MGen), the power generation arm of Manila Electric Co. (Meralco), and a Thai power firm is on track to jumpstarting its 455-megawatt...

Business

AES sells minority stake in Masinloc to Thai group

By Iris Gonzales | June 27, 2014 - 12:00am

American energy giant AES Corp. is selling a 45 percent stake in the 630-megawatt Masinloc coal-fired power plant to Electricity Generating Public Co. Ltd. (EGCO) Group of Thailand for $453 million.

Business

Meralco PowerGen to build new coal power plant

By Iris Gonzales | May 5, 2014 - 12:00am

Meralco PowerGen Corp., the power generation arm of Manila Electric Co. (Meralco), is hoping to start the construction of the planned 460-megawatt San Buenaventura coal-fired power plant in Mauban, Quezon this year,...

Business

Meralco unit soon to start Quezon power plant proj

By Iris Gonzales | March 19, 2014 - 12:00am

Meralco PowerGen Corp., the power generation arm of Manila Electric Co. (Meralco), has moved closer to jumpstarting its planned 460-megawatt San Buenaventura coal-fired power plant in Mauban, Quezon.

Business