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                    [ArticleID] => 1965675
                    [Title] => ERC starts probe on PECO
                    [Summary] => The Energy Regulatory Commission has commenced its probe on Panay Electric Co.  following a complaint of poorly maintained distribution lines from Iloilo City’s mayor.
                    [DatePublished] => 2019-11-04 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 647798
                    [Title] => ERC urged to nix rate hike bid of Panay power firm
                    [Summary] => 
A consumer group in Iloilo has urged the power sector regulator to reject the rate hike petition of Panay Electric Co. (PECO).
                    [DatePublished] => 2011-01-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 314148
                    [Title] => ERC assures impartiality on PECO rate hike petition
                    [Summary] => The Energy Regulatory Commission (ERC) has made the assurance that it remains impartial on the rate petition recently filed by the Panay Electric Co. Inc. (PECO).


ERC chairman Rodolfo Albano Jr. said the commission stands to its mandate to balance the interests of both the electricity consumers and electricity providers.


Albano was disputing the accusation of the Freedom from Debt Coalition-Iloilo Chapter (FDC-Iloilo) that "the ERC can easily be pressured by mere pronouncements of power blackouts." 


                    [DatePublished] => 2005-12-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 311843
                    [Title] => ERC defends Panay electric cooperative
                    [Summary] => Energy Regulatory Commission (ERC) chairman Rodolfo Albano Jr. has dismissed allegations that Panay Electric Co. (PECO) should be blamed for the possible power outages in Iloilo.


Albano was reacting to reports that Panay Power Corp. (PPC) will likely shut down its operation on Dec. 15 because of the ERC’s decision on PECO’s unbundling rates application, pegging its generation rates to National Power Corp. (Napocor) rates.


                    [DatePublished] => 2005-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [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] => 
                )

            [5] => Array
                (
                    [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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)

Panay Electric Co

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                    [ArticleID] => 1965675
                    [Title] => ERC starts probe on PECO
                    [Summary] => The Energy Regulatory Commission has commenced its probe on Panay Electric Co.  following a complaint of poorly maintained distribution lines from Iloilo City’s mayor.
                    [DatePublished] => 2019-11-04 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 647798
                    [Title] => ERC urged to nix rate hike bid of Panay power firm
                    [Summary] => 
A consumer group in Iloilo has urged the power sector regulator to reject the rate hike petition of Panay Electric Co. (PECO).
                    [DatePublished] => 2011-01-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 314148
                    [Title] => ERC assures impartiality on PECO rate hike petition
                    [Summary] => The Energy Regulatory Commission (ERC) has made the assurance that it remains impartial on the rate petition recently filed by the Panay Electric Co. Inc. (PECO).


ERC chairman Rodolfo Albano Jr. said the commission stands to its mandate to balance the interests of both the electricity consumers and electricity providers.


Albano was disputing the accusation of the Freedom from Debt Coalition-Iloilo Chapter (FDC-Iloilo) that "the ERC can easily be pressured by mere pronouncements of power blackouts." 


                    [DatePublished] => 2005-12-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 311843
                    [Title] => ERC defends Panay electric cooperative
                    [Summary] => Energy Regulatory Commission (ERC) chairman Rodolfo Albano Jr. has dismissed allegations that Panay Electric Co. (PECO) should be blamed for the possible power outages in Iloilo.


Albano was reacting to reports that Panay Power Corp. (PPC) will likely shut down its operation on Dec. 15 because of the ERC’s decision on PECO’s unbundling rates application, pegging its generation rates to National Power Corp. (Napocor) rates.


                    [DatePublished] => 2005-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [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] => 
                )

            [5] => Array
                (
                    [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

ERC starts probe on PECO

By Danessa Rivera | November 4, 2019 - 12:00am

The Energy Regulatory Commission has commenced its probe on Panay Electric Co. following a complaint of poorly maintained distribution lines from Iloilo City’s mayor.

Business

ERC urged to nix rate hike bid of Panay power firm

By Donnabelle L. Gatdula | January 15, 2011 - 12:00am

A consumer group in Iloilo has urged the power sector regulator to reject the rate hike petition of Panay Electric Co. (PECO).

Business

ERC assures impartiality on PECO rate hike petition

By Donnabelle L. Gatdula | December 29, 2005 - 12:00am

The Energy Regulatory Commission (ERC) has made the assurance that it remains impartial on the rate petition recently filed by the Panay Electric Co. Inc. (PECO). ERC chairman Rodolfo Albano Jr. said the commission...

Business

ERC defends Panay electric cooperative

By Donnabelle L. Gatdula | December 12, 2005 - 12:00am

Energy Regulatory Commission (ERC) chairman Rodolfo Albano Jr. has dismissed allegations that Panay Electric Co. (PECO) should be blamed for the possible power outages in Iloilo. Albano was reacting to reports that...

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