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Lopez Inc. (formerly Benpres Holdings Corp.) is in talks with creditors to restructure P1.8 billion of debt in line with its goal to further pare down obligations, according to a top company official.
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                    [Title] => Partnership of Kepco, First Gen may not push through
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First Gen Corp. and Korea Electric Power Co. (Kepco) may not be able to join forces in bidding for the 40 percent stake in BG Group as this may result in some legal issues, a top First Gen official said.
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Customers of power utility giant Manila Electric Co. (Meralco) will enjoy a 2.57-centavo per kilowatt-hour (kWh) reduction in generation charge this December, a ranking company official announced yesterday.
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                    [Title] => Meralco rates to go down this month
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MANILA,  Philippines – Customers of Manila Electric Co. (Meralco) will enjoy a reduction of 16.52 centavos per kilowatt-hour (kWh) in their electric bills this month.
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FIRST GAS CORP

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                    [Title] => Meralco rates to go down this month
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                    [Title] => Meralco power rates to go down this month
                    [Summary] => 
MANILA, Philippines - The Manila Electric Co. (Meralco) is cutting power rates this month based on the lower cost of power bought from independent power producers (IPP).
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abtest

Meralco rates down this month

By Donnabelle L. Gatdula | January 6, 2011 - 12:00am

The Manila Electric Co. (Meralco) will collect 27 centavos less per kilowatt-hour (kwh) from consumers this month.

Headlines

First Gen inks $100-M notes facility with BDO

By Donnabelle L. Gatdula | December 18, 2010 - 12:00am

First Gen Corp., the power generation unit of the Lopez Group, said it has signed a $100-million notes facility agreement with Banco de Oro Unibank Inc. (BDO) to raise funding for its investment program, capital...

Business

Lopez Holdings, UnionBank sign debt repayment accord

By Zinnia B. Dela Peña | September 30, 2010 - 12:00am

Lopez Holdings Corp. (formerly Benpres Holdings Corp.) has inked a debt repayment scheme with Aboitiz-owned Union Bank of the Philippines for the restructuring of $19.93-million Eurobonds.

Business

Lopez Inc in talks with creditors for restructuring of P1.8-billion debt

By Zinnia B. Dela Peña | September 20, 2010 - 12:00am

Lopez Inc. (formerly Benpres Holdings Corp.) is in talks with creditors to restructure P1.8 billion of debt in line with its goal to further pare down obligations, according to a top company official.

Business

Partnership of Kepco, First Gen may not push through

By Donnabelle L. Gatdula | September 13, 2010 - 12:00am

First Gen Corp. and Korea Electric Power Co. (Kepco) may not be able to join forces in bidding for the 40 percent stake in BG Group as this may result in some legal issues, a top First Gen official said.

Business

Meralco eyes power generating companies

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

Power giant Manila Electric Co. (Meralco) is eyeing to buy into some existing power generation companies in preparation for the open access.

Business

Meralco cuts generation charge

By Donnabelle L. Gatdula | December 8, 2009 - 12:00am

Customers of power utility giant Manila Electric Co. (Meralco) will enjoy a 2.57-centavo per kilowatt-hour (kWh) reduction in generation charge this December, a ranking company official announced yesterday.

Headlines

Meralco rates to go down this month

By Donnabelle L. Gatdula | June 6, 2009 - 12:00am

MANILA, Philippines – Customers of Manila Electric Co. (Meralco) will enjoy a reduction of 16.52 centavos per kilowatt-hour (kWh) in their electric bills this month.

Headlines

First Gas plants performing better than expected

By Donnabelle L. Gatdula | May 24, 2009 - 12:00am

MANILA, Philippines – First Gen Corp., the power generation arm of the Lopezes, said its subsidiary First Gas Corp. has enabled the optimal production of its two natural gas power plants in Batangas.

Business

Meralco power rates to go down this month

By Donnabelle L. Gatdula | May 6, 2009 - 12:00am

MANILA, Philippines - The Manila Electric Co. (Meralco) is cutting power rates this month based on the lower cost of power bought from independent power producers (IPP).

Headlines