Institute for Energy Economics & Financial Analysis: San Miguel Global Power's Fossil Fuel Expansion Likely to Exacerbate Its Financial Challenges

CLEVELAND, Ohio, Sept. 18 (TNSres) -- The Institute for Energy Economics and Financial Analysis issued the following news release:

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Without an immediate pivot to renewable energy, the Philippine company risks further locking in exposure to global fossil fuel prices

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An overexposure to fossil fuels has weighed negatively on the financial health of San Miguel Global Power Holdings Corporation (SMGPH) in the Philippines in recent years, . . .

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Sam Reynolds, sreynolds@ieefa.org; Hazel Ilango, hdashini@ieefa.org; Alex Yu, ayu@ieefa.org