Tuesday, December 30, 2025
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Tag: SMC Global Power Holdings Corp

SMC vows to help power unit settle maturing debt

San Miguel Corp. said Friday power subsidiary SMC Global Power Holdings Corp. will weather the financial challenges following the denial by the Energy Regulatory...

Expect higher electricity rates

“SMCGP is also investing in new, cleaner, natural gas capacities, to help smoothen the Philippines’ transition away from coal power, without compromising its supply...

SMC Global to finish 690-MW battery storage plant

San Miguel Corp. said Tuesday unit SMC Global Power Holdings Corp is set to complete 690 megawatts of battery energy storage system facilities by...

San Miguel unveils big reforestation plan

SMC Global Power Holdings Corp., a unit of San Miguel Corp., is embarking on a massive reforestation and carbon capture program to help mitigate...

San Miguel building P26B hydro project in Aklan

Strategic Power Development Corp., a wholly- owned subsidiary of SMC Global Power Holdings Corp., plans to build a P26.3-billion, 300-megawatt pumped-storage hydropower project in...

San Miguel vows to stop building new coal plants

San Miguel Corp. said over the weekend unit SMC Global Power Holdings Corp. will avoid building new coal power plants and focus on more...

ABB supplies Southeast Asia’s largest battery energy storage system

With the global energy storage system market expected to reach $17.9 billion by 20271, battery energy storage systems (BESS) are emerging as the strongest...

SMC Global eyes P125B capital expenditures

SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp., is looking at 2021 capital expenditure budget of almost P125 billion...

Local company to invest P14.6B in LNG project near Ilijan plant

Linseed Field Power Corp., a local company based in Ortigas Center, is developing an integrated liquefied natural gas  import terminal in Barangay Ilijan, Batangas...

San Miguel registered net profit of P15B in 3rd quarter

San Miguel Corp. said Thursday it posted a net income of P15 billion in the third quarter, a turnaround from the P4-billion loss it...

SMC plans 2,135-MW power plants

SMC Global Power Holdings Corp., the power unit of San Miguel Corp., is lining up four major greenfield plants with a combined capacity of...

SMC Global’s board approves issuance of $650-m securities

SMC Global Power Holdings Corp. said Monday its board approved the financing arrangements, including the issuance of $650 million worth of securities, in favor...
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