San Miguel Corp.’s power generation arm, San Miguel Global Power Holdings Corp., has approved the issuance of up to $300 million worth of senior perpetual capital securities.
Electricity consumers will pay slightly lower transmission charges in their January 2026 power bills, the National Grid Corporation of the Philippines (NGCP) said.
The Philippines is courting fresh capital from the United Arab Emirates, sharpening its pitch around energy security and digital infrastructure as talks advance with two heavyweight Emirati groups.
The Department of Energy (DOE) said it will collect up to P24 billion in performance bonds and other financial and technical obligations from Solar Philippines Power Project Holdings Inc., a company founded by Batangas Rep. Leandro Leviste.