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SMC closes 2022 with ₱43.2B profit

SMC closes 2022 with ₱43.2B profit
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SB Capital bags sustainable finance awards

SB Capital Investment Corporation, Security Bank Corporation’s investment arm, was recognized by financial publication The Asset for its participation in various fund-raising activities for refinancing and capital expenditure needs.

During the 2022 The Asset Triple A Country Awards for Sustainabl ....

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SMC to resume Ilijan plant operations by April next year

South Premiere Power Corporation (SPPC), a subsidiary of SMC Global Power Holdings Corporation (SMGP) of the San Miguel group, will resume operations of the 1,200-megawatt Ilijan gas-fired power plant by April next year, in time for the high demand during the summer months.
According to SMC, the ....

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SMC power unit reports $123.9-M securities submitted on tender offer

Only $123.9-M submitted on SMC power unit's $400-M tender offer
By MYRNA M. VELASCO
SMC Global Power Holdings Corporation (SMCGP), the energy investment arm of the San Miguel group, reported that it only received $123.934 million worth of securities by its bondholders, way below the $400-million ....

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Aboitiz Power may bid for Meralco Supply – Manila Bulletin

Aboitiz Power Corp., one of the country’s leading power producers, may participate if the planned bidding for Meralco’s supply power requirement will push through stating it has excess capacity.
Emmanuel “Manny” V. Rubio, president and Chief Executive Officer of Aboitiz Power Corporation, told jou ....

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