Tag page - Global Business Power Corporation

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Regulator tags giant power firms as 'brownout culprits'
ERC hints ‘pricing play’ The country’s giant power firms have been tagged as the culprits in last week’s rotational brownouts with “forced outages’ of their power plants going beyond the time allowance prescribed by the Energy Regulatory Commission (ERC). In a Congressional hearing on...
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Meralco PowerGen acquires 86% in affiliate firm GBPC for P34.47-B
Meralco PowerGen Corporation (MGEN), a power generation investment subsidiary of Manila Electric Company (Meralco) has acquired 86-percent shareholdings of affiliate firm Global Business Power Corporation (GBP) for P34.466 billion. The stake acquisition by MGEN was carried out through the transfer...
Manila Bulletin

GBP subsidiary tops compliance rating on WESM rules
Panay Energy Development Corporation (PEDC), a subsidiary of Global Business Power Corporation (GBP), was bestowed highest compliance rating among coal-fired power plants in the country, on its adherence to the rules being enforced by the Wholesale Electricity Spot Market. The company, in a...
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