MARCH 2014 www.lopezlink.ph The Lopez Group joins Earth HourSee story 2014! on page 2. http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph Bayan: Indomitable spirit lives onBy Carla Paras-Sison THE late Eugenio Lopez, Jr. (ELJ) organized Bayan Tele- communications Holdings Corporation (BTHC) in 1993, envisioning reliable and responsive telecommunication ser- vices, preferred by customers in its service areas. Turn to page 6 KidZania ‘Ikaw Lamang’ EDC plants Grad finale Manila to open debuts on …page 12 back online…page 2 in 2014 …page 2 March 10…page 4 Lopezlink March 2014 Biz News Biz News Lopezlink March 2014 Manila Bay rehab mulled Bacman Unit 1, Tongonan Dispatch from Japan ABS-CBN sets profit guidance By Faizza Tanggol PHOTO BY: FAIZZA TANGGOL PLANS are un- Manila Hotel. plants back online of up to PB for 014 der way to include “Manila Bay is the end of ENERGY Development Brand-new turbine rotor phoon Yolanda last November, Manila Bay in the the Pasig River and there’s a Corporation (EDC) has re- and diaphragms that have been is expected to be completed rehabilitation of backflow. So if we don’t clean commissioned Unit 1 of the ordered from Toshiba will be within the year. Metro Manila’s Manila Bay, the gunk there is Bacon-Manito (Bacman) geo- delivered in the fourth quarter DENR seal of approval waterways under the just going to go to the Pasig thermal plant after five months of 2014 for Unit 1 and in early Meanwhile, the Tongonan Kapit Bisig Para sa River. So the whole thing has of shutdown. 2015 for Unit 2. power plant, along with the Ilog Pasig project of to be clean,” said Lopez. The power plant, which is In Leyte, the rehabilitation of Mindanao geothermal project ABS-CBN Lingkod The short-term plans in- located between Bacon town the Tongonan geothermal plant in North Cotabato, recently Kapamilya Founda- clude cleanups, training of Ambassador Manuel M. Lopez (4th from left), with Consul General Marian Jocelyn Tirol-Ignacio (left) and in Sorsogon and Manito in has been completed after its three received the seal of approval tion Inc. (ALKFI, Bay Warriors, construction of Minister Angelica Escalona (right), receives the donation of the ADC and the Association of the Wives of ALKFI chair Gina Lopez and Manila Albay, includes Bacman Unit 1 generating units were restored. from the Department of En- formerly ABS-CBN Foundation a materials recovery facility African Ambassadors Hotel’s Joey Lina during the with two 55-megawatt (MW) “All units, however, remain vironment and Natural Re- Inc.), with the help of public and and a solid waste management meeting with stakeholders units and Bacman Unit 2 with subject to close monitoring sources (DENR) for exemplary private stakeholders. information campaign. Long- two 20-MW units. and/or additional tests,” EDC performance in environmental African diplomats donate to Yolanda victims ALKFI chair Gina Lopez Environment Sec. Lito Atienza term plans include addressing THE African Diplomatic African envoys who visited Telewoda (Liberia), Samir Ar- Bacman Unit 1 was shut down said in a statement to the PSE. management and protection. recently met with private stake- to comanage the rehabilitation the source of solid wastes that Corps (ADC) in Tokyo Tacloban in January. rour (Morocco) and his wife last September after hairline EDC earlier reported the The two projects were each Chairman Eugenio Lopez III (center) leads the ringing of the bell at the listing of ABS-CBN’s P6 billion bonds at holders along Manila Bay to of the Pasig River, Manila Bay wash up along the bay and re- recently handed over to Am- The envoys, who also Utako Arrour, Ahmed Araita cracks were spotted in the turbine reenergization of the remain- given the Philippine Environ- the PDEX with ABS-CBN Group CFO Ron Valdueza, ABS-CBN CFO Aldrin Cerrado (1st and 2nd from left), PDEX discuss the short-term and long- and Laguna de Bay. location of informal settlers. bassador Manuel M. Lopez presented their credentials to Ali (Djibouti) and Richard blades. A third-party contractor ing unit of the Malitbog power ment Partnership Program officials and bankers term plans for the rehabilitation. Lopez was joined by offi- The plans will be finalized (AMML) the collective President Aquino in Manila, Ramoelesti (Lesotho). was hired to repair the unit. plant and the first unit of the or PEPP seal of approval for In the meeting, Lopez cited cials from the City of Manila by the first quarter of 2014 af- donation of the ADC and had an opportunity to visit Amb. Comberbach reiter- “Recommissioning of Bac- Mahanagdong power plant. The Track 1 industries after passing ABS-CBN Corporation has set of financing for our future en- in this standard. We are a memorandum of agreement and former Senator Joey Lina, ter further meetings with pub- the Association of the Wives Tacloban upon the invitation of ated the African nations’ soli- man’s Unit 1 had commenced other two units of Mahanag- a series of evaluation stages. a profit target of P1.8 billion to deavors. We will probably be probably three years ahead of she signed in 2008 with then who is now the president of lic and private stakeholders. of African Ambassadors for AMML. They went to see the darity and support for the Phil- as its turbine unit was rolled, dong remain subjected to close According to the DENR, P2B for this year as it expands back before 2021, probably to everybody else in terms of roll- victims of typhoon Yolanda newly-constructed building ippines, and expressed the hope slowly loaded up to its rated ca- monitoring and additional tests. Track 1 industries are recognized to digital TV, mobile phone pay off this one. This transac- ing out digital TV. This should in the Philippines. of the San Fernando Central that their donation can do some pacity of 55 MW and subjected EDC’s geothermal power for their initiatives that go be- business and theme parks. tion should raise our profile give us first-mover advantage Amb. Stuart Comberbach School and distributed gifts to good for those who suffered. to a reliability run period,” facility in Leyte is composed yond compliance, and are driven This year’s profit guidance before the investing com- as the country transitions from Earth Hour 2014 of Zimbabwe, dean of the the typhoon survivors. AMML conveyed his sin- EDC said in a disclosure to of the 112.5-MW Tongonan to improve their performance is steady from last year’s P2B, munity and hopefully lower analog to digital. We are now ADC, said the ADC imme- The party included cere appreciation to the African the Philippine Stock Exchange power plant and the Unified with competitiveness, image and which ABS-CBN group chief our funding costs later on,” he ready to expand our free-to- diately decided to raise funds Ambassadors Jacob Nkate ambassadors for their sympathy, (PSE) in February. Leyte plants, namely the 232- supply chain requirements. finance officer Ron Valdueza added. air channel offerings to an for the typhoon victims after (Botswana), Francois Ou- support and prayers. (Excerpted Lopez Group joins The company added that MW Malitbog, 180-MW The Tongonan power plant said would beat analyst esti- ABS-CBN said it will use additional five channels from hearing the report of the six bida (Burkina Faso), Youngor from tokyo.philembassy.net) while a tripping event has oc- Mahanagdong, 125-MW is operated by EDC subsidiary mates. the fresh capital to expand its two channels currently once curred, Bacman Unit 1 has been Upper Mahiao and 51-MW Green Core Geothermal Inc., In February, ABS-CBN digital terrestrial TV capacity, the implementing rules and operating at rated capacity since Optimization plants. while the 106-MW Mindanao EDC achieves milestone listed on the Philippine Deal- build its stock of TV programs regulations are released,” EL3 global switch-off January 30, 2014. The unit also Repair work on EDC’s geothermal project is owned ing and Exchange Corporation and movies and construct said. remains subjected to close moni- largest geothermal facility, and operated by EDC. (Toni P6B worth of retail bonds it soundstages. It is also building The National Telecom- FOR the fifth straight year, Philippine Holdings Corpora- rollout of a digital crowdfund- toring and/or additional tests. which was damaged by ty- Nieva) Burgos Wind Project issued a few weeks earlier. a children’s theme park called munications Commission has the Lopez Group will join the tion. ing and crowdsourcing plat- “I consider this a milestone KidZania. already ordered television sta- world in observing Earth Hour, Last year, Rockwell re- form called Earth Hour Blue. PBO’s Filipino for our company. Through EL3 noted the company is tions to shift from the current whose 2014 edition will take sponded to the call by putting Filipinos in particular will blockbusters now attains 1M safe man-hours this transaction, we were able probably three years ahead of analog to digital terrestrial place on March 29 at 8:30 p.m. up a billboard announcement benefit as Earth Hour Blue on SkyCable With over THE Burgos Wind Project this milestone,” EDC president 4,200MW in the next 10 years. to raise P6 billion but I think competition in switching to television or DTT. (With re- The Environment Com- at Estrella corner EDSA in participants, among other goals, 180 SD and HD channels, (BWP) of Energy Development and COO Richard Tantoco said. The wind farm will have the importance of this bond digital. port from Coco Alcuaz, ANC. mittee of the Corporate Social Makati, while First Balfour will “help communities in the SkyCable widens its array of Corporation (EDC) in Ilocos The 87-megawatt (MW) large-scale Vestas V90-3.0- goes beyond simply raising “We placed our bets early Excerpted from www.abs-cbn- Responsibility Council encour- placed one in front of their Philippines build fiberglass viewing choices even more as Norte has achieved 1,044,043 BWP, which is targeted for MW wind turbines and ancil- the target amount.