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Fresh River acquisition of CHEPP hurdles scrutiny

The Philippine Competition Commission (PCC) has given its nod to Fresh River Lakes Corp.’s (Fresh River) proposed acquisition of the Casecnan Hydroelectric Power Plant (CHEPP) from state-owned Power Sector Assets and Liabilities Management Corp. (PSALM) and National Irrigation Administration (NIA). PCC said the Commission en banc cleared Fresh River, a… ....

Nueva Ecija , Belgrove Power Corp , National Irrigation Administration , Fresh River Lakes Corp , Acquisitions Office , Power Corp , Neptune Hydro Inc , Global Hydro Power Corp , First Gen Corp , National Power Corp , Soosan Industries Co , Panasia Energy Inc , Mapalad Power Corp , Energy Co , Liabilities Management Corp , Power Corporation , Philippine Competition Commission , Fresh River Lakes , Fresh River , Casecnan Hydroelectric Power Plant , Power Sector Assets , Liabilities Management , Lopez Led First Gen Corp , Casecnan Plant , Electric Power Industry Reform Act , National Power ,

ACR: Sale of debt papers yield ₱1.14B

Alsons Consolidated Resources (ACR) of the Alcantara Group has raised P1.149 billion, which represents the third tranche of its P3-billion commercial paper program. The proceeds will primarily be used as general working capital, according to the publicly listed firm. Earlier this year, ACR received an Issuer Credit Rating of PRS… ....

Cagayan De Oro , Davao Del Sur , City Of Tagum , Zamboanga City , Negros Occidental , Sarangani Province , North Cotabato , Pagadian City , Zamboanga Del Norte , South Cotabato , Nueva Ecija , Iligan City , Mw Western Mindanao Power Corporation , Philippine Rating Service Corp , National Grid Corporation Of The Philippines , Alcantara Group , Sarangani Energy Corp , Mw Mapalad Power Corp , Alsons Consolidated Resources , Issuer Credit Rating , Philippine Rating Service , Hydro Power , Bago River , Sarangani Energy , General Santos , Mindanao Power Corporation ,