Manila Electric Co. is looking to invest P140 million to build a custom-designed substation that will serve the power requirements of PLDT Inc.’s 11th and largest hyperscale data center facility in Laguna.
Manila Electric Co., the listed power distribution giant chaired by tycoon Manuel V. Pangilinan, reached another 52-week high yesterday, closing at P380 per share.
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Two power firms are keen on challenging an unsolicited bid offer to supply the Manila Electric Co. (Meralco) 850 megawatts (MW) of mid-merit renewable energy. Meralco utility economics head Lawrence Fernandez said, however, that he could not divulge the identities of the firms yet, pending the actual bidding next month.…
Bayad, the multichannel payment subsidiary of Manila Electric Co., continues to upgrade its cybersercurity system as it brings financial service closer to Filipinos.