![]() The RPS policy requires DUs or participant-entities to secure certain percentage of their supply from RE facilities – and that will have increment of 2.52-percent starting this year, as prescribed by the Department of Energy. In the energy transition agenda being pushed in the country, NGCP will similarly ensure the integration of the renewable energy (RE) capacities so the Renewable Portfolio Standards (RPS) mandate for the sector could be achieved. The company is also instrumental in ensuring reserves capacity in the power system, so reliable electricity services can be guaranteed in the entire chain of the country’s electricity system.Īmong the key projects being pushed by the transmission company are those on expansion and upgrading of facilities – including the completion of the long-awaited Mindanao-Visayas Interconnection Project (MVIP), that in turn will concretize the country’s long-time dream of having a single, centrally connected power grid. NGCP is the sole operator of the country’s power transmission backbone, hence, it has very critical role of ensuring that the generated capacity of power plants could be wheeled into the load network of customers – primarily the distribution utilities (DUs) that have been front-lining in extending services to the end-users. The main operating asset of the listed company is transmission firm NGCP wherein Coyiuto and Sy also have significant shareholdings of 30-percent each while the balance of 40-percent is held by foreign technical partner State Grid Corporation of China. Address105 H.V Dela Costa Street, Salcedo Village, Barangay Bel-Air 21st Floor. while OneTaipan Holdings is a company of billionaire Henry Sy, Jr. ![]() Pacifica21 Holdings is led by businessman Robert Coyiuto Jr. and OneTaipan Holdings, Inc.,” Synergy noted. ![]() “The Board approved the declaration of cash dividends from the company’s unrestricted retained earnings in view of the dividends received from National Grid Corporation of the Philippines, Pacifica21 Holdings, Inc. SGP specified that the approved dividend per share had been at P0.1737 and this will cover outstanding shareholders as of record date Maand settlement will be on April this year. In a disclosure to the Philippine Stock Exchange (PSE), the company emphasized that the dividend declaration will account for the payout due to its shareholders for the first quarter period this 2023. We are a Member of the DSA and comply with their code of ethics. (SGP) has declared P914.680 million worth of cash dividends to be paid to its outstanding shareholders next month. Whether the purpose of the M&A transaction is to leverage scale to expand the market footprint or to access and create new innovations and products, top-down synergy planning is critical for all acquirers – starting well before the dealmaking is done.Įven more importantly, companies need to develop rigorous integration plans and establish a robust governance model to ensure not only that all targeted synergies are captured, but also that value creation is tracked and reported.īased on our years of experience with mergers and acquisitions across a variety of industries and geographies, we recommend five leading practices that can help companies attain deal synergies.Sy-led Synergy Grid & Development Phils. However, when it comes to managing synergies, the leadership team of the combined entities often fail to plan ahead, rationalize business cases, and track value creation. Synergy is such a significant factor in M&A that it’s often the leading motive for corporate acquirers.Īs corporate buyers and private-equity firms consider acquisitions with the purpose of combining operations, synergy becomes a driving factor for their acquisition decisions and target selections.
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