Subic power firm signs P750-M lease extension
By HENRY EMPEÑO SUBIC BAY FREEPORT — One Subic Power Generation Corp., a fully-owned subsidiary of PHINMA Energy Corp., has signed a 10-year lease extension agreement for the operation of the diesel-power plant here, a contract which will yield P750 million in lease and revenue shares to the Subic Bay Metropolitan Authority (SBMA). PHINMA President… Read More Subic power firm signs P750-M lease extension
