June 24, 2017 8:39 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of SMC Global Power Holdings Corp.

Company Overview

SMC Global Power Holdings Corp. generates and trades in electricity in the Philippines. The company generates electricity from coal, natural gas, and hydroelectric power plants. It has a total generating of capacity of 2,903 MW. The company also engages in the supply of retail power; provision of power-related services; and coal mining activities. It sells, retails, and distributes power through power supply, retail supply, concession, and other power-related service agreements directly to other generators, distribution utilities, electric cooperatives, and industrial customers or through the Philippine Wholesale Electricity Spot Market. The company was founded in 2008 and is based in Mandal...

155 EDSA

Brgy. Wack-Wack

Mandaluyong,  

Philippines

Founded in 2008

Phone:

63 2 702 4500

Key Executives for SMC Global Power Holdings Corp.

Chairman, Chief Executive Officer, President and Chief Operating Officer
Age: 62
Chief Financial Officer
Age: 38
Chairman of San Miguel Corporation and Chief Executive Officer of San Miguel Corporation
Age: 81
Compliance Officer, Corporate Secretary and Director
Age: 60
General Manager
Age: 55
Compensation as of Fiscal Year 2016.

SMC Global Power Holdings Corp. Key Developments

SMC Global Power Holdings Corp. Announces Management Changes

SMC Global Power Holdings Corp. at its board meeting held on April 27, 2017, accepted the resignation of Allan T. Ortiz as Director and President and Chief operating Officer and approved the appointment of Ramon S. Ang as the concurrent President and Chief operating Officer effective from April 30, 2017. Ramon is the incumbent Chairman of the Board and Chief Executive Officer of SMC Global Power since August 31, 2010.

SMC Global Power Holdings Corp. Announces Earnings Results for the First Quarter of 2017

SMC Global Power Holdings Corp. announced earnings results for the first quarter of 2017. For the quarter, the company reported net sales of PHP 19,353 million against PHP 19,931 million a year ago. Income from operations was PHP 6,040 million against PHP 7,310 million a year ago.

SMC Global Power Holdings Corp. Announces Management Changes

SMC Global Power Holdings Corp. announced that at its board of directors meeting held on March 30, 2017, the board of directors of the corporation accepted the resignation of Mr. Alexander Benhur M. Simon as its chief finance officer; approved the appointment of Mr. Paul D. Causon as the new chief finance officer of the corporation; and approved the appointment of Mr. Paul D. Causon as authorized signatory of the corporation in place of Mr. Alexander B. M. Simon; all effective as of March 30, 2017. Mr. Causon is currently the chief finance officer and treasurer of Angat Hydropower Corporation.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact SMC Global Power Holdings Corp., please visit www.smcglobalpower.com.ph. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.