The Power Sector Assets and Liabilities Management (PSALM) Corporation has commenced a new cash offering and a bond exchange offer (collectively, the “Global Bond Offering”) as part of its efforts to efficiently manage the liabilities of the National Power Corporation (“NPC”). more
The Power Sector Assets and Liabilities Management Corporation (PSALM) has formally turned over the administration of the contracted capacities of the National Power Corporation in the coal-fired Sual and Pagbilao power plants to their new independent power producer administrators (IPPAs), San Miguel Energy Corporation (SMEC) and Therma Luzon Inc., respectively. more
SPC Power Corporation today (16 October 2009) acquired the 55-megawatt (MW) Naga Land-Based Gas Turbine (LBGT) Power Plant after concluding negotiations with the Power Sector Assets and Liabilities Management (PSALM) Corporation. more
The Power Sector Assets and Liabilities Management Corporation and Green Core Geothermal Inc. (GCGI), a subsidiary of Energy Development Corporation, last 21 October exchanged closing documents for the privatization of the 192.5-megawatt Palinpinon and 112.5-MW Tongonan geothermal power plants.more
The PSALM Association of Corporate Employees (PACE), the duly-recognized union of the Power Sector Assets and Liabilities Management Corporation, recently held a discussion on the significance and relevance of a union in the workplace, particularly in the public sector more
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