MGen prepares to start building new RE projects philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
Meralco Powergen Corp., the power generating arm of Manila Electric Co., may gain significant headway early next year in its plan to attain 1,500 megawatts (MW) of renewable energy capacity in the next seven years.
A subsidiary of Meralco PowerGen Corp. (MGen)’s wholly owned renewable energy unit has secured a P2.65-billion loan facility from Rizal Commercial Banking Corp. (RCBC) for its renewable energy project.
Meralco core income up nearly 19% on higher energy sales bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
The core net income of power utility giant Manila Electric Company (Meralco) went up by 13 percent to P24.608 billion last year compared to the leaner P21.711 billion in 2020 due to robust energy sales. On the distribution firm’s reported net income, this climbed significantly by 44 percent to