Lenie Lectura - Profile and Journalist Details
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Lenie Lectura
Verified
Reporter, BusinessMirror
Philippines
Beats
Real Estate , Finance , Development
I will not cover any type of animal entertainment.
Content
By Lenie Lectura Verified| BusinessMirror Verified SN Aboitiz Power Group (SNAP), a joint venture between Norway firm Scatec and Aboitiz Power Corp., has secured financing from local banks for the expansion of its battery energy storage system (BESS) projects. The Bank of the Philippine Islands (BPI) and China Banking Corp. (Chinabank) are set to finance the 16-megawatt (MW) Magat BESS Phase 2 while BPI and BDO will provide financing for the 40-MW Binga BESS.
By Lenie Lectura Verified| BusinessMirror Verified SAN Miguel Global Power Holdings Corp. (SMGP) is embarking on an expansion binge with at least P87 billion already set aside for thermal and gas projects. Mariveles Power Partners Co. Ltd. (MPCL), a subsidiary of SMGP, intends to further expand the Masinloc plant by constructing Unit 4 and Unit 5 utilizing supercritical pulverized coal technology with a net load capacity of 630 megawatt (MW) and with 42-percent thermal efficiency rate.
Company Info
BusinessMirror
A broader look at today's business
Founded: 2005