SBMA approves P750-M lease, revenue shares for Power Firm
April 10, 2018 | One Subic Power Generation Corporation | Subic Bay Freeport Zone | Subic Bay Metropolitan Authority
The Subic Bay Metropolitan Authority (SBMA) recently approved a total of P750 million in lease and revenue shares for One Subic Power Generation Corporation, which operates the 116-megawatt diesel generator plant here for a lease extension agreement of 10 years. The power firm, a wholly-owned subsidiary of Phinma Energy Corporation, initially committed $3.2 million worth Read More
