AC Energy eyeing to buy Malaya thermal plant

19:41 Feb 07, 2019

"..AC Energy and Phinma Energy Corp. expressed interest in the plant. The two are currently working on a deal that will give AC Energy a 51.48-percent stake in Phinma Energy valued at P3.42 billion."
"..PSALM President Irene Joy Garcia identified AC Energy Inc., DM Wenceslao & Associates Inc., DMCI Power Corp. and FGen Reliable Energy Holdings Inc. as "real serious bidders." The other ..."

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