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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…

First Gen readies funds for $526-M Casecnan deal

First Gen readies funds for $526-M Casecnan deal
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PSALM clears 8 bidders for Casecnan plant

Eight entities have qualified to proceed in the bidding for the sale of the 165-megawatt Casecnan Hydroelectric Power Plant in Pantabangan, Nueva Ecija, according to the Power Sector Assets and Liabilities Management Corp..

Casecnan attracts 7 bidders

The Power Sector Assets and Liabilities Management Corp. has shortlisted seven qualified firms – including the Aboitiz, Meralco, Ayala, Yuchengco and Romero groups – for the sale of the 165-megawatt Casecnan Hydroelectric Power Plant.

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