+ Follow MIRANT PHILIPPINES INC Tag
MIRANT PHILIPPINES INC
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[ArticleID] => 70573
[Title] => TeaM Energy to re-assess expansion plans for Pagbilao power plant
[Summary] =>
[DatePublished] => 2008-07-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 395052
[Title] => Mirant fulfills pledge to energize Mindanao
[Summary] =>
Mirant Philippines Inc. has fulfilled its commitment of giving over P100 million for the Philippine National Oil Co.’s (PNOC) energization program in Mindanao.
PNOC president Pedro Aquino Jr. lauded Mirant’s firm assurance to fulfill its committed electrification program.
"We are glad that Mirant Foundation was able to pay up for its energization program before the expected turnover to the new Japanese owners next month," he said.
[DatePublished] => 2007-04-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 386177
[Title] => Meralco, Tokyo Electric ink technology exchange deal
[Summary] =>
Manila Electric Co. (Meralco) has entered into an agreement with Tokyo Electric Power Co. (TEPCO) for the exchange of technology and information.
The two power firms signed Tuesday a memorandum of understanding (MOU) wherein both parties expressed willingness to cooperate in the exchange of information and personnel, and other areas of cooperation.
[DatePublished] => 2007-02-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 373572
[Title] => Mirant urges 2 top bidders to improve on their offers
[Summary] =>
US-based Mirant Corp. has reportedly started talks with two groups, one led by Marubeni Corp. and the other by One Energy, for the sale of its power generating assets in the Philippines, industry sources said.
Sources said only the two consortia met the lower-end price target of $2.8 billion for Mirant Philippines Inc.’s equity placed on the auction block last Nov. 23 in Singapore .
Marubeni teamed up with another Japanese firm, Tokyo Electric Power Co., while US firm One Energy has partnered with Japan’s Mitsubishi Corp. and China Light and Power Co.
[DatePublished] => 2006-12-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 358712
[Title] => Mirant employees urged to submit formal request for Napocor assistance
[Summary] =>
National Power Corp. (Napocor) president Cyril del Callar is urging employees of Mirant Philippines Inc. to submit their formal request for assistance from Napocor.
"We are willing to listen to them. But we need them to provide us with information on the status of the separation package they are asking from Mirant Corp.," Del Callar told reporters over the weekend.
Del Callar said the extent of help that they may give would "depend on the merits of the information provided to us."
[DatePublished] => 2006-09-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 354692
[Title] => Aboitiz Group seeks foreign partner for Mirant bidding
[Summary] => Aboitiz Equity Ventures (AEV) is seeking a partnership with a foreign group to bid for the generating assets of Mirant Philippines Inc.
In an interview with reporters Thursday night, AEV chief operating officer Erramon Aboitiz said they are in talks with several foreign firms for a possible partnership.
"We’re talking to four to five foreign groups for Mirant (assets) but we’re more focused on the privatization of Napocor (National Power Corp.) assets like hydro," Aboitiz said.
[DatePublished] => 2006-08-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 354068
[Title] => Mirant needs Napocor OK for asset sale
[Summary] =>
The government wants US-based Mirant Corp. to seek the consent of the National Power Corp. (Napocor) before it auctions off its generation assets in the country, a top energy official said.
Energy Secretary Raphael P.M. Lotilla said "When the Mirant people came to see me, I made it clear to them that the standpoint of the Philippine government is that the consent of Napocor is necessary to ensure that the successor is able to deliver on the obligations under the contract."
[DatePublished] => 2006-08-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 353299
[Title] => Napocor eyes Mirant’s generating assets
[Summary] =>
The National Power Corp. (Napocor) is looking into the possibility of acquiring the generating assets of Mirant Philippines Inc. and including them in the list of assets that will be auctioned off by the Power Sector Assets and Liabilities Management Corp. (PSALM), well-placed sources said yesterday.
The sources said this option is being explored by government to ease the pressure on the ongoing privatization of Napocor’s generating assets.
[DatePublished] => 2006-08-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 353134
[Title] => Sale of Mirant Phils faces delay due to certain issues
[Summary] =>
The sale of some $3 billion in assets owned by Mirant Philippines Inc. may be delayed due to several issues that have yet to be threshed out, an industry source said.
The sale which has been set for the last quarter of 2006 or the first quarter of next year may have to be moved, according to the source.
Among the issues that need to be resolved are the P1.35 billion in excess payments made by the National Power Corp. to Mirant in connection with the 200 MW excess capacity of the 1,200 MW Sual Power Plant in Pangasinan for which Napocor is seeking reimbursement.
[DatePublished] => 2006-08-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 304510
[Title] => More investments in power sector sought
[Summary] => Energy Secretary Raphael P.M. Lotilla has urged existing power producers to continue to invest in the country’s power sector to help resolve the impending power shortage in Visayas and Luzon in the next three to four years.
"We would like to have all other domestic and foreign companies, expand their operations in the country," Lotilla said.
[DatePublished] => 2005-10-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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