Friday, January 23, 2026
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Tag: San Miguel Global Power Holdings Corp.

SMC power unit scraps $300-m securities offer

San Miguel Global Power Holdings Corp., the power arm of San Miguel Corp., has decided to terminate its planned exchange offer and the issuance...

SMGP eyes $300-m bond issuance, exchange offer

San Miguel Global Power Holdings Corp. approved Tuesday an offer and issuance of up to $300 million in senior perpetual capital securities. The company, a...

PSALM told to return $60m bond to SMC

A Regional Trial Court (RTC) in Mandaluyong City has directed the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) to return $60 million...

San Miguel unit acquires over 1m Meralco shares

San Miguel Global Power Holdings Corp. said Tuesday it purchased 1,034,624 common shares of Manila Electric Company (Meralco) from Land Bank of the Philippines...

San Miguel’s power unit posted 356% profit growth in first half

San Miguel Global Power Holdings Corp. posted a 365-percent increase in consolidated net income in the first semester of 2025 to P34.573 billion from...

San Miguel buys 3.8% Meralco stake for P3.9 billion

San Miguel Corp., through power generation arm San Miguel Global Power HIldings Corp., acquired a 3.8- percent stake in power retailer Manila Electric Co....

Mariveles Power secures P50-b loan

Mariveles Power Generation Corp. (MPGC) tapped five local banks and other financial institutions for an omnibus loan of up to P50 billion, backed by...

San Miguel eyes more solar, LNG, coal plants

San Miguel Global Power Holdings Corp. (SMGP) is lining up several expansion projects, including 2,400-megawatt-peak solar facilities, small scale liquefied natural gas (LNG) power...

San Miguel power unit issues $ 100-m perpetual securities

San Miguel Global Power Holdings Corp. on Friday said it has issued $100 million senior perpetual securities and obtained the approval in-principle from the...

Fund manager invests in SM Global Power

San Miguel Global Power Holdings Corp. on Thursday said it executed a subscription agreement with investment fund Azure Venture Investments Limited for the subscription...

PH electricity pricing: Is imported LNG pricier than Malampaya gas?

"The Malampaya gas producer believes so—but Meralco thinks otherwise." The results of the supply auction for 1,200 megawatts of electricity have elicited mixed responses from...

San Miguel selling 2 power plants to Meralco, Aboitiz unit for over $3b

Meralco PowerGen Corp. and Aboitiz Power Corp. said they are jointly investing in two of San Miguel Global Power Holdings Corp.’s gas-fired power plants...

MGen, Aboitiz, San Miguel forge landmark energy deal

Meralco PowerGen Corp. and Aboitiz Power Corp. announced they will jointly invest in two of San Miguel Global Power Holdings Corp.'s gas-fired power plants,...

SMC set to finish 32 battery energy storage systems

San Miguel Global Power Holdings Corp., a unit of San Miguel Corp. (SMC), said it expects to complete 32 battery energy storage systems (BESS)...
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