^
+ Follow PANAY POWER Tag
PANAY POWER
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1546217
                    [Title] => Meralco inks deal for Visayas power supply
                    [Summary] => 

The country’s largest power distributor Manila Electric Co. (Meralco) has inked power supply deals with two independent power producer (IPP) administrators in Visayas to augment capacity this coming summer.

[DatePublished] => 2016-01-25 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1016991 [Title] => Global Power celebrates 1-M safe manhours [Summary] =>

Panay Power Corp., subsidiary of Global Business Power Corp. which operates the 92-MW diesel power plant in Brgy. Ingore, La Paz, Iloilo City, recently celebrated a million-hour safety milestone.

[DatePublished] => 2013-07-27 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 217274 [Title] => Mirant to tap advisor for IPO [Summary] => ILOILO CITY – Mirant Philippines Inc., a subsidiary of US-based Mirant Corp. and the country’s largest private power producer, is ready to choose its financial advisor for its planned initial public offering (IPO) by the end of this year or early next year.
[DatePublished] => 2003-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 212208 [Title] => Metrobank-Mirant tieup with Panay Power seen to boost power supply in the region [Summary] => Claredon Towers Holdings Inc., the new owner of Panay Power Corp., is being eyed to help solve the power supply problem in Panay Island, Energy Secretary Vincent Perez said Monday.

"I call on the Claredon-Mirant joint venture to support the Department of Energy’s call for the private sector to address the looming power shortage in Panay, by investing in additional generation capacity in the region," Perez said.
[DatePublished] => 2003-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 211809 [Title] => Metrobank group goes into power biz with buyout of Panay Power [Summary] => Metrobank subsidiaries First Metro Investment Corp. and Global Business Holdings Inc. (GBHI) have jointly entered into an agreement to acquire the entire equity interest in power generation company Panay Power Corp.

Panay Power Corp. is majority owned by First Generation Holdings Corp. (First Gen), which is a wholly-owned subsidiary of listed company First Philippine Holdings Corp. (FPHC).

Panay Electric Co., the utility distribution company operating in Iloilo, is the recipient of power generated by Panay Power.
[DatePublished] => 2003-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 211345 [Title] => Lopez company seeks another reprieve from debt payment [Summary] => FGHC International Ltd., a wholly-owned subsidiary of the Lopez-controlled First Philippine Holdings Corp, (FPHC) has asked its creditors anew to extend the repayment date of its $60 million by another month or until July 31, 2003.

In a statement filed with the Philippine StockExchange yesterday, FPHC said it is still negotiatingfor a $30-million loan that, together with the $35-million borrowing from Asian Infrastructure Mezzanine Capital Fund (AIMCF), will allow FGHC International to settle the $60-million indebtedness.
[DatePublished] => 2003-06-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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