PSALM invites participants to attend the 2023 Investors Forum

08 Nov 2023

The Power Sector Assets and Liabilities Management (PSALM) Corporation cordially invites attendees to the 2023 Investors Forum, which will be held on 01 December 2023 at 12:30 P.M. at the Multi-Function Hall 2-3, Asian Development Bank, 6 ADB Avenue, Mandaluyong City.

The forum is conducted annually by PSALM to strengthen investor relations and facilitate the interchange of information to further improve the privatization procedure for its remaining assets.

“We are thrilled to conduct this one-day event that will convene a wide variety of investors to discuss PSALM's privatization and disposal process,” said Mr. Dennis Edward A. Dela Serna, President and Chief Executive Officer of PSALM Corporation. “This is an opportunity for PSALM to provide participants with first-hand information regarding our privatization and disposal procedure. At the same time, we eagerly anticipate their inquiries and recommendations, as they could potentially aid in the improvement of our business process.”

The aim of this year's Investors Forum is to generate interest in the privatization of the Caliraya-Botocan-Kalayaan Hydroelectric Power Plants as well as the rehabilitation and asset management plan for the Agus-Pulangi Hydroelectric Power Plants with a private partner.

Attendance to the forum is free, but registration is required on or before 24 November 2023 via the QR code supplied below.

Additional details on this event can be obtained by scanning the same QR code.

By virtue of Republic Act No. 9136 (Electric Power Industry Reform Act of 2001), PSALM is mandated to privatize all transferred assets from the National Power Corporation (NPC) with the objective of liquidating all of NPC’s financial obligations.