MARIVELES, Bataan: What is considered the largest coal-fired power plant in the Philippines operating in Barangay Alas-Asin here has recorded another feat.
GNPower Mariveles Energy Center Ltd. Co. (GMEC) has signed a memorandum of agreement (MoA) with the Department of Environment and Natural Resources (DENR) and other partners for an environmental project aimed at protecting the mangroves of Bataan.
Aboitiz Power Corp. saw its earnings rise by nearly a third last year due to higher contributions from its generation and retail supply, and distribution businesses.
GNPower Dinginin Ltd. Co. (GNPD), a partnership of Aboitiz Power’s Therma Power Inc., Ayala Corporation’s AC Energy Holdings, Inc., and Power Partners Ltd., is negotiating for its third emergency power supply agreement (EPSA) with Manila Electric Company (Meralco) following the lapse of their second
The Manila Electric Co. has secured a new emergency power supply deal with the joint venture of the Aboitiz and Ayala groups that would help reduce the power distributor’s dependence on volatile spot market prices this month.