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Meralco unit to invest P16B in SPNEC

Meralco unit to invest P16B in SPNEC
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Meralco s clean energy unit invests ₧15 9B in solar firm • Lenie Lectura

MGen Renewable Energy Inc. (MGreen) will invest close to P16 billion in SP New Energy Corp. (SPNEC), which is building a portfolio of 3,500 megawatts (MW) of solar panels and 4,000 MW hours of battery energy storage systems (BESS) in Luzon. The renewable energy (RE) development arm of Meralco Powergen Corp. (MGen) said in a

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