^
+ Follow PAUL FLAKE Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 232644
                    [Title] => Mirant to invest P235M on Baguio ecozone’s power lines
                    [Summary] => Mirant Philippines Corp., the country’s largest private power producer, will invest P235 million ($4.3 million) to upgrade the transmission facilities supplying power to the Baguio City Economic Zone (BCEZ). 


At present, the National Power Corp. (Napocor) and Mirant Philippines jointly supply electricity to BCEZ under a power marketing agreement.

"This investment works toward a more reliable power supply once an efficient transmission system is in place," Mirant Philippines vice president for external affairs and business development Paul Flake said. [DatePublished] => 2003-12-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 213832 [Title] => Mirant Phils says it’s business as usual [Summary] => Mirant Philippines Inc., a subsidiary of US-based power giant Mirant Corp., said yesterday that its operations in the country will not be affected by the recent developments in the US.

"It’s business as usual. There will be no negative impact on Mirant Philippines," Mirant Philippine vice president for external affairs Paul Flake said in an official statement.

Flake explained that the Chapter 11 (or bankruptcy) filings in the US is limited to Mirant Americas and Mirant Corp. in the US.
[DatePublished] => 2003-07-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 199525 [Title] => Mirant sees flat income growth [Summary] => Mirant Philippines Inc., a subsidiary of US-based power giant Mirant Corp., expects a flat income growth of about P8.6 billion for 2002 and 2003.

"More or less, we will incur roughly the same level of earnings as in 2001 of P8.6 billion," Mirant vice president for external affairs Paul Flake said, during a press briefing on the company’s new corporate social responsibility (CSR) project dubbed as "Carbon Sink."
[DatePublished] => 2003-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 179387 [Title] => Mirant postpones IPO to early 2004 [Summary] => Mirant Philippines Inc. has decided to postpone anew its plan to undertake an initial public offering (IPO), moving the schedule from mid-2003 to early 2004.

MPI president Edgardo Bautista said while the preparations for the IPO are ongoing, the company needs more time to prepare to list 10 to 15 percent of its shares in the local stock market.

"It is a long process and we think we can not meet the target next year, maybe the following year," Bautista said.
[DatePublished] => 2002-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 167312 [Title] => Mirant Phils. reconsiders IPO plan [Summary] => Mirant Philippines Inc. said yesterday that the inter-agency power review committee report naming its power plant in Sual, Pangasinan as one of five facilities whose contracts with the government are under question is affecting their plan to "go public."

Mirant’s Sual coal-fired power plant was linked to a Luzonwide blackout some years back.

Mirant spokesman Paul Flake, said they were surprised and disappointed as they never thought Sual would encounter any problems with the National Government.
[DatePublished] => 2002-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PAUL FLAKE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 232644
                    [Title] => Mirant to invest P235M on Baguio ecozone’s power lines
                    [Summary] => Mirant Philippines Corp., the country’s largest private power producer, will invest P235 million ($4.3 million) to upgrade the transmission facilities supplying power to the Baguio City Economic Zone (BCEZ). 


At present, the National Power Corp. (Napocor) and Mirant Philippines jointly supply electricity to BCEZ under a power marketing agreement.

"This investment works toward a more reliable power supply once an efficient transmission system is in place," Mirant Philippines vice president for external affairs and business development Paul Flake said. [DatePublished] => 2003-12-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 213832 [Title] => Mirant Phils says it’s business as usual [Summary] => Mirant Philippines Inc., a subsidiary of US-based power giant Mirant Corp., said yesterday that its operations in the country will not be affected by the recent developments in the US.

"It’s business as usual. There will be no negative impact on Mirant Philippines," Mirant Philippine vice president for external affairs Paul Flake said in an official statement.

Flake explained that the Chapter 11 (or bankruptcy) filings in the US is limited to Mirant Americas and Mirant Corp. in the US.
[DatePublished] => 2003-07-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 199525 [Title] => Mirant sees flat income growth [Summary] => Mirant Philippines Inc., a subsidiary of US-based power giant Mirant Corp., expects a flat income growth of about P8.6 billion for 2002 and 2003.

"More or less, we will incur roughly the same level of earnings as in 2001 of P8.6 billion," Mirant vice president for external affairs Paul Flake said, during a press briefing on the company’s new corporate social responsibility (CSR) project dubbed as "Carbon Sink."
[DatePublished] => 2003-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 179387 [Title] => Mirant postpones IPO to early 2004 [Summary] => Mirant Philippines Inc. has decided to postpone anew its plan to undertake an initial public offering (IPO), moving the schedule from mid-2003 to early 2004.

MPI president Edgardo Bautista said while the preparations for the IPO are ongoing, the company needs more time to prepare to list 10 to 15 percent of its shares in the local stock market.

"It is a long process and we think we can not meet the target next year, maybe the following year," Bautista said.
[DatePublished] => 2002-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 167312 [Title] => Mirant Phils. reconsiders IPO plan [Summary] => Mirant Philippines Inc. said yesterday that the inter-agency power review committee report naming its power plant in Sual, Pangasinan as one of five facilities whose contracts with the government are under question is affecting their plan to "go public."

Mirant’s Sual coal-fired power plant was linked to a Luzonwide blackout some years back.

Mirant spokesman Paul Flake, said they were surprised and disappointed as they never thought Sual would encounter any problems with the National Government.
[DatePublished] => 2002-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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