Here’s the First Gen investor’s briefing given at the EDSA Plaza meeting on March 8 and their preliminary 20-IS (Information Statement) filed with the Philippine Stock Exchange on March 22.
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Discussions
Monthly Archives: March 2007
PSALM and Cooperatives
Mar 31st – 7am
PSALM releases some interesting information this week on their website related to the condonation of REC loans and Universal Charge collections.
Related disclosure.
EPIRA IRR Changes and Rate Payer Risk
Mar 29th – 6pm
The DOE has published on their site (here’s my pdf) proposed modifications to the EPIRA Implementing Rules and Regulations that are intended to permit the utilities to implement automatic pass-through of certain cost increases and decreases “that are brought about by factors beyond the control” of the utility [such as exchange rate fluctuations and fuel [...]