PSALM
Denise Isabel Guiao currently serves as the Acting Corporate Secretary and Corporate Attorney A at Power Sector Assets and Liabilities Management Corporation, along with leading the Bids and Awards Committee Secretariat since December 2022. Prior to this role, Denise was a Senior Associate and Associate at Kapunan & Castillo Law Offices from February 2018 to October 2022, and completed a summer legal internship at Puno and Puno Law Offices in May 2015. Denise holds a Juris Doctor degree from De La Salle University, obtained in 2017, and has a strong educational foundation from Ateneo de Manila University and Saint Pedro Poveda College.
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PSALM
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In implementing the restructuring of the power sector, the EPIRA created the Power Sector Assets and Liabilities Management (PSALM) Corporation, a wholly-owned and -controlled government entity, to take over the ownership of all existing generation assets of the National Power Corporation (NPC), independent power producer (IPP) contracts, real estate, and all other disposable assets including the transmission business of the National Transmission Corporation. By the same token, PSALM assumed all outstanding obligations of NPC arising from loans, issuances of bonds, securities, and other instruments of indebtedness. The principal purpose of PSALM, as mandated by the EPIRA, is to manage the orderly sale and privatization of these assets with the objective of liquidating all of NPC's financial obligations in an optimal manner.