ERC firm on shutdown of Villars’ Sipcor

MANILA, Philippines — Regulators dismissed the Court of Appeals’ (CA) decision in favor of Siquijor Island Power Corp. (Sipcor) as futile, since the Villar-led power firm’s operating permit had already lapsed. “I would not comment on the decision itself or the merits of our case. But please note, regardless of the final outcome of the