^
+ Follow EDISON MISSION ENERGY Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 359703
                    [Title] => PSALM eyes sweetener in sale of Napocor asset
                    [Summary] => 



The Power Sector Assets and Liabilities Management Corp. (PSALM) is keen on  attaching the 300-megawatt (MW) power purchase agreement (PPA) of San Pascual Co-generation plant as a sweetener to one of National Power Corp.’s (Napocor) generating assets.


A PSALM official, who requested anonymity, said that while the Department of Justice (DOJ) had already issued an opinion favoring the re-assignment of the San Pascual PPA, the process should still involve a public bidding.
[DatePublished] => 2006-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 331842 [Title] => SC to decide on assignment of San Pascual contract [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) is optimistic that it could decide soon where to assign the purchase power contract (PPA) of the 300-megawatt (MW) San Pascual Co-generation Plant.

PSALM president Nieves Osorio said they have received reports that the Supreme Court (SC) is set to issue its opinion on the matter.
[DatePublished] => 2006-04-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 301373 [Title] => Muller named Mirant CEO [Summary] => Mirant Corp. has  announced the appointment of Edward R. Muller as its chairman of the board, president and chief executive officer. 

Muller was previously elected to these positions by Mirant’s current board of directors.  The appointment was approved by the Bankruptcy Court in Fort Worth, Texas.
[DatePublished] => 2005-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 299756 [Title] => Spex seeks buyers for excess Malampaya gas production [Summary] => Shell Petroleum Exploration B.V (SPEX) is now holding talks with prospective buyers for the remaining 300-megawatt (MW) from the 3,000-MW Malampaya deep water gas to power project, a ranking company official said.

"We have to eventually sell it.  We have been talking with some parties," Spex general manager for external affairs Facundo Roco said.

Without identifying the interested parties, Roco said those who are eyeing to put up natural gas-run power facilities could be one of the potential buyers of the excess gas in the Malampaya project.
[DatePublished] => 2005-10-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 225810 [Title] => Total investments in Laguna power project to hit $470-M [Summary] => Total investments of CBK Power Co. Ltd., which is owned equally by US firm Edison Mission Energy and IMPSA, will reach $470 million this year when CBK completes the rehabilitation and new construction work in the former state-owned power plants under a build-rehabilitate-operate-transfer (BROT) contract with the government.

CBK stands for Caliraya, Botocan and Kalayaan which are the names of the power plants covered by the project.
[DatePublished] => 2003-10-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 217873 [Title] => Gov’t mulls transfer of San Pascual power plant contract to Sucat [Summary] => The government is contemplating the transfer of the San Pascual co-generation power plant’s contract to the Sucat power plant, industry sources said.

The plan, they said, is part of the contract renegotiation with the San Pascual proponents, the US-based power firms Chevron-Texaco and Edison Mission Energy.

The San Pascual contract was supposed to be terminated but the Power Sector Assets and Liabilities Management Corp. (PSALM) was apparently apprehensive to pay the termination fees which may amount to millions of dollars.
[DatePublished] => 2003-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 197221 [Title] => PSALM embarks on Asian roadshow this month [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) will start its international roadshow presentation in Asia this month.

"PSALM will conduct a roadshow very soon or within the month to sell and explain fully the privatization of transmission assets to the potential investors," a Transco official, who requested anonymity, said yesterday.

According to the Transco official, the roadshow will start in Asia as most of the investors that expressed interest in Transco are Asian-based firms.
[DatePublished] => 2003-03-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 196633 [Title] => Non-Asian firm eyes Transco [Summary] => A non-Asian transmission firm has joined the list of foreign companies that have expressed interest to join the bidding for the National Transmission Corp. (Transco), Power Sector Assets and Liabilities Management Corp. (PSALM) president Edgardo del Fonso said over the weekend.

"There are now seven foreign firms that have signified keen interest to participate in the Transco bidding, Six of which are Asian firms and one is non-Asian," del Fonso said, refusing to say if the non-Asian firm is American or European.
[DatePublished] => 2003-02-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 194851 [Title] => Two local groups show interest in Transco assets [Summary] => Two local equities firms have indicated a keen interest to participate in the bidding for the transmission assets of the National Power Corp. (Napocor), a government official said over the weekend.

"There are some local equity investors that have signified interest to bid," Power Sector Assets and Liabilities Management Corp. (PSALM) president Edgardo del Fonso said.
[DatePublished] => 2003-02-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 185337 [Title] => Government hopes to rework two more IPP contracts this year [Summary] => At least two more contracts with independent power producers (IPPs) are expected to be negotiated by the government in the remaining months of the year.
[DatePublished] => 2002-11-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
EDISON MISSION ENERGY
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 359703
                    [Title] => PSALM eyes sweetener in sale of Napocor asset
                    [Summary] => 



The Power Sector Assets and Liabilities Management Corp. (PSALM) is keen on  attaching the 300-megawatt (MW) power purchase agreement (PPA) of San Pascual Co-generation plant as a sweetener to one of National Power Corp.’s (Napocor) generating assets.


A PSALM official, who requested anonymity, said that while the Department of Justice (DOJ) had already issued an opinion favoring the re-assignment of the San Pascual PPA, the process should still involve a public bidding.
[DatePublished] => 2006-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 331842 [Title] => SC to decide on assignment of San Pascual contract [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) is optimistic that it could decide soon where to assign the purchase power contract (PPA) of the 300-megawatt (MW) San Pascual Co-generation Plant.

PSALM president Nieves Osorio said they have received reports that the Supreme Court (SC) is set to issue its opinion on the matter.
[DatePublished] => 2006-04-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 301373 [Title] => Muller named Mirant CEO [Summary] => Mirant Corp. has  announced the appointment of Edward R. Muller as its chairman of the board, president and chief executive officer. 

Muller was previously elected to these positions by Mirant’s current board of directors.  The appointment was approved by the Bankruptcy Court in Fort Worth, Texas.
[DatePublished] => 2005-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 299756 [Title] => Spex seeks buyers for excess Malampaya gas production [Summary] => Shell Petroleum Exploration B.V (SPEX) is now holding talks with prospective buyers for the remaining 300-megawatt (MW) from the 3,000-MW Malampaya deep water gas to power project, a ranking company official said.

"We have to eventually sell it.  We have been talking with some parties," Spex general manager for external affairs Facundo Roco said.

Without identifying the interested parties, Roco said those who are eyeing to put up natural gas-run power facilities could be one of the potential buyers of the excess gas in the Malampaya project.
[DatePublished] => 2005-10-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 225810 [Title] => Total investments in Laguna power project to hit $470-M [Summary] => Total investments of CBK Power Co. Ltd., which is owned equally by US firm Edison Mission Energy and IMPSA, will reach $470 million this year when CBK completes the rehabilitation and new construction work in the former state-owned power plants under a build-rehabilitate-operate-transfer (BROT) contract with the government.

CBK stands for Caliraya, Botocan and Kalayaan which are the names of the power plants covered by the project.
[DatePublished] => 2003-10-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 217873 [Title] => Gov’t mulls transfer of San Pascual power plant contract to Sucat [Summary] => The government is contemplating the transfer of the San Pascual co-generation power plant’s contract to the Sucat power plant, industry sources said.

The plan, they said, is part of the contract renegotiation with the San Pascual proponents, the US-based power firms Chevron-Texaco and Edison Mission Energy.

The San Pascual contract was supposed to be terminated but the Power Sector Assets and Liabilities Management Corp. (PSALM) was apparently apprehensive to pay the termination fees which may amount to millions of dollars.
[DatePublished] => 2003-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 197221 [Title] => PSALM embarks on Asian roadshow this month [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) will start its international roadshow presentation in Asia this month.

"PSALM will conduct a roadshow very soon or within the month to sell and explain fully the privatization of transmission assets to the potential investors," a Transco official, who requested anonymity, said yesterday.

According to the Transco official, the roadshow will start in Asia as most of the investors that expressed interest in Transco are Asian-based firms.
[DatePublished] => 2003-03-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 196633 [Title] => Non-Asian firm eyes Transco [Summary] => A non-Asian transmission firm has joined the list of foreign companies that have expressed interest to join the bidding for the National Transmission Corp. (Transco), Power Sector Assets and Liabilities Management Corp. (PSALM) president Edgardo del Fonso said over the weekend.

"There are now seven foreign firms that have signified keen interest to participate in the Transco bidding, Six of which are Asian firms and one is non-Asian," del Fonso said, refusing to say if the non-Asian firm is American or European.
[DatePublished] => 2003-02-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 194851 [Title] => Two local groups show interest in Transco assets [Summary] => Two local equities firms have indicated a keen interest to participate in the bidding for the transmission assets of the National Power Corp. (Napocor), a government official said over the weekend.

"There are some local equity investors that have signified interest to bid," Power Sector Assets and Liabilities Management Corp. (PSALM) president Edgardo del Fonso said.
[DatePublished] => 2003-02-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 185337 [Title] => Government hopes to rework two more IPP contracts this year [Summary] => At least two more contracts with independent power producers (IPPs) are expected to be negotiated by the government in the remaining months of the year.
[DatePublished] => 2002-11-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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