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SMGP sets P87.1-B capex for three power projects - BusinessWorld Online

Summary by bworldonline.com
SAN MIGUEL Global Power Holdings Corp. (SMGP), the energy subsidiary of San Miguel Corp., has set a capital expenditure (capex) budget of about P87.1 billion to develop three baseload power projects. SMGP, through its subsidiary Mariveles Power Generation Corp., has earmarked P34.4 billion in capex for its 600-MW coal-fired power plant in Mariveles, Bataan, the company said in a document posted on the Philippine Dealing & Exchange Corp. The comp…

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SMGP sets P87.1-B capex for three power projects - BusinessWorld Online

SAN MIGUEL Global Power Holdings Corp. (SMGP), the energy subsidiary of San Miguel Corp., has set a capital expenditure (capex) budget of about P87.1 billion to develop three baseload power projects. SMGP, through its subsidiary Mariveles Power Generation Corp., has earmarked P34.4 billion in capex for its 600-MW coal-fired power plant in Mariveles, Bataan, the company said in a document posted on the Philippine Dealing & Exchange Corp. The comp…

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bworldonline.com broke the news in on Sunday, February 23, 2025.
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