PSALM continues to work on negotiated sale of ULGPP

February 24, 2016

Aside from the bulk capacity, PSALM also auctioned off the asset’s “strips” of capacity. The following won: ULGEI, FEDC Utilities Inc.

, Trans-Asia and Aboitiz Energy Solutions Inc. each bagged the rights for 40 MW, while Good Friends Hydro Resources Corp. was awarded with 20 MW; Vivant Energy Corp.

, 17MW; and Waterfront Mactan Casino Hotel Inc.

, 3MW.