Main Business / Finance News Today
8 Best Cable Internet Providers of 2023
OLO ALERT: Bragar Eagel & Squire, P.C. is Investigating Olo, Inc. on Behalf...
Elon Musk Says Tesla Price Cuts Triggered Demand Wave
Meta advertisers brush off Trump's potential return
Philippines posted above-target GDP growth of 7.6% in 2022
International Business Machines (IBM) Q4 2022 Earnings Call Transcript
2023-01-26 03:35:37

30-day power deal of Aboitiz, Meralco ends

Logo Inquirer.net
Inquirer.net
By Jordeene B Lagare

The interim power supply agreement between the Aboitiz Group and the Manila Electric Co. (Meralco) ended on Wednesday, forcing the power distributor to source additional electricity elsewhere at even higher prices.

We confirm the end of our 30-day emergency power supply agreement (Epsa) with Meralco takes effect today, Jan 25, 2023, Aboitiz Power Corp. said in a statement.

AboitizPower signified its interest in sealing a longer supply contract with Meralco in the future.

In the event that Meralco launches another competitive selection process, where the terms of reference will be reasonable, AboitizPower will certainly participate, it added.

The Epsa between Meralco and GNPower Dinginin Ltd. forged last Dec. 15, 2022 covered 300 megawatts (MW) of baseload capacity or the minimum power injected into the grid.

Continue read on inquirer.net

Related Posts
Logo U.S. News & World Report
PoliticsBy Associated Press2023-01-25 21:06:42
Head of Main Florida Power Company Retiring Amid Controversy
FORT LAUDERDALE, Fla. (AP) The leader of Florida s primary electric company, which has been embroiled in controversy over allegations that it backed sham...
Logo PR Newswire
Business / FinancePress Release2023-01-25 18:21:00
AB to Report Fourth Quarter 2022 Results on February 8, 2023
NASHVILLE, Tenn., Jan. 25, 2023 /PRNewswire/ -- AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) today announced that Fourth Quarter 2022...
Logo Bloomberg
PoliticsBy Jonathan Tirone2023-01-25 13:56:38
Eskom Weighs Nuclear Fuel Impact After US-South Africa Pact Ends
South African power utility Eskom Holdings SOC Ltd. is examining how the suspension of a pact that enables it to import nuclear fuel components from the US...
Logo PR Newswire
Business / FinancePress Release2023-01-25 14:31:00
enCore Energy Announces C$30 Million Underwritten Public Offering
NYSE American: EU TSX.V: EU www.encoreuranium.com CORPUS CHRISTI, Texas, Jan. 25, 2023 /CNW/ - enCore Energy Corp. (" enCore " or the " Company ") (NYSE...
Logo U.S. News & World Report
PoliticsBy Associated Press2023-01-25 17:54:17
Puerto Rico Selects Company to Privatize Power Generation
SAN JUAN, Puerto Rico (AP) Puerto Rico privatized its electricity production on Wednesday, selecting Genera PR to take over the operation and maintenance of...
Logo EIN Presswire
Business / FinancePress Release2023-01-25 15:37:53
GMSacha Inchi $QEDN signed a distribution agreement with UNFI www.unfi.com
UNFI summary UNFI 2022 report
Logo PR Newswire
Business / FinancePress Release2023-01-25 13:30:00
Mauser Announces Exchange Offer and Consent Solicitation
OAK BROOK, Ill., Jan. 25, 2023 /PRNewswire/ -- Mauser Packaging Solutions Holding Company (" Mauser ") today announced that it has commenced an offer to...
Logo NewsFileCorp
Press Release2023-01-25 16:15:00
Advance Lithium Closes Private Placement
Kamloops, British Columbia--(Newsfile Corp. - January 25, 2023) - Advance Lithium Corp. (TSXV: AALI) ("Advance Lithium" or "the Company") is pleased to...
Logo PR Newswire
Business / FinancePress Release2023-01-25 14:44:00
IIROC Trading Resumption - EU
VANCOUVER, BC, Jan. 25, 2023 /CNW/ - Trading resumes in: Company: Encore Energy Corp. TSX-Venture Symbol: EU All Issues: No Resumption (ET): 10:00 AM IIROC...
Logo PR Newswire
Business / FinancePress Release2023-01-25 15:52:00
Republic of Colombia Announces Final Results of Tender Offer
BOGOTÁ, Colombia, Jan. 25, 2023 /PRNewswire/ -- The Republic of Colombia (" Colombia ") previously announced a tender offer (the " Tender Offer ") to...
Logo PR Newswire
Business / FinancePress Release2023-01-25 14:38:00
IIROC Trading Halt - EU
VANCOUVER, BC, Jan. 25, 2023 /CNW/ - The following issues have been halted by IIROC: Company: Encore Energy Corp. TSX-Venture Symbol: EU All Issues: No...
Logo PR Newswire
Business / FinancePress Release2023-01-25 12:30:00
NextEra Energy announces leadership succession at Florida Power & Light Company; Eric Silagy to retire, Armando...
JUNO BEACH, Fla., Jan. 25, 2023 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that Eric Silagy, chairman, president and chief executive...
Logo PR Newswire
Business / FinancePress Release2023-01-25 14:00:00
Foss & Company Announces Tax Equity Partnership with Nautilus Solar Energy, LLC
The ~$42 million community solar portfolio totals 44 MWdc in Maine, Minnesota and Maryland SAN FRANCISCO, Jan. 25, 2023 /PRNewswire/ -- Foss & Company, a...
Logo Benzinga
Business / FinanceBy Pr Newswire2023-01-25 10:00:00
Educational Services & Consulting Announces Their 2023 Conference Schedule
Central Florida based accredited claims adjuster designation company is scheduled to attend four industry conferences this year. CLERMONT, Fla., Jan. 25,...
Logo Nasdaq
Business / Finance2023-01-25 19:00:02
After-Hours Earnings Report for January 25, 2023 : TSLA, IBM, NOW, CSX, LRCX, CCI, LVS, AMP, URI, RJF, STLD, TER
The following companies are expected to report earnings after hours on 01/25/2023. Visit our Earnings Calendar for a full list of expected earnings releases....
Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 20:02:05
Earnings Outlook For Pacific Premier Bancorp
Pacific Premier Bancorp PPBI is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the...
Logo Inquirer.net
Business / FinanceBy Miguel R Camus2023-01-25 08:45:06
Cemex Philippines controlling stockholder sets P2-B tender offer
Cemex Holdings Philippines Inc., the local unit of global cement giant Cemex Group of Mexico, announced a P2-billion tender offer to purchase a portion of...
Logo GlobeNewswire
AutoPress Release2023-01-25 16:45:00
Renault: Half-year report on the liquidity contract
Regulated Information January 25, 2023 HALF-YEAR REPORT ON THE LIQUIDITY CONTRACT Under the liquidity agreement entered into between Renault SA and Exane BNP...
Logo Benzinga
Business / FinanceBy Globe Newswire2023-01-25 07:00:00
Prospera Energy Inc. Announces Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Prospera Energy...
Logo Inquirer.net
Business / FinanceBy Ronnel W Domingo2023-01-25 18:26:00
2022 GDP growth seen to have surged past 7%
The Philippine economys prospects as being among the best performers in Asia last year is on firm ground if only based on most forecasts putting the...