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+ Follow BOTH BATANGAS POWER AND SUBIC POWER Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 143957 [Title] => The lights are still on [Summary] => A lot of questions were raised when giant energy firm, Enron Corp., filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code last Dec. 3. There were also apprehensions on what will happen to its overseas operations.
In the Philippines, Enron has a holding company called Enron Power Phils. Corp. Under this firm are two major power plants managed by the Batangas Power Corp. and the Subic Power Corp. Both are build-operate-transfer projects which helped solve the countrys power crisis in the early 1990s.
[DatePublished] => 2001-12-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1309106 [AuthorName] => Estela Banzon-De La Paz [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [1] => Array ( [ArticleID] => 142487 [Title] => Napocor may buy out local contracts of Enron Power Corp [Summary] => The state-owned National Power Corp. (Napocor) is looking at the possibility of buying out the two existing contracts of Enron Power Corp. (Philippines) in light of the filing for bankruptcy of what was once the worlds largest trader of energy.
US-based Enron imploded in recent weeks after acknowledging it engaged in questionable accounting practices and overstated its profits by more than half a billion dollars over the past four years.
[DatePublished] => 2001-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BOTH BATANGAS POWER AND SUBIC POWER
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 143957 [Title] => The lights are still on [Summary] => A lot of questions were raised when giant energy firm, Enron Corp., filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code last Dec. 3. There were also apprehensions on what will happen to its overseas operations.
In the Philippines, Enron has a holding company called Enron Power Phils. Corp. Under this firm are two major power plants managed by the Batangas Power Corp. and the Subic Power Corp. Both are build-operate-transfer projects which helped solve the countrys power crisis in the early 1990s.
[DatePublished] => 2001-12-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1309106 [AuthorName] => Estela Banzon-De La Paz [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [1] => Array ( [ArticleID] => 142487 [Title] => Napocor may buy out local contracts of Enron Power Corp [Summary] => The state-owned National Power Corp. (Napocor) is looking at the possibility of buying out the two existing contracts of Enron Power Corp. (Philippines) in light of the filing for bankruptcy of what was once the worlds largest trader of energy.
US-based Enron imploded in recent weeks after acknowledging it engaged in questionable accounting practices and overstated its profits by more than half a billion dollars over the past four years.
[DatePublished] => 2001-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Estela Banzon-De La Paz | December 17, 2001 - 12:00am
By Donnabelle L. Gatdula | December 5, 2001 - 12:00am
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