MEDIA STATEMENT: SPNEC Clarification on DOE-Reported Solar Service Contracts
Pasig City, Philippines – 18 January 2026 — SP New Energy Corporation (SPNEC) wishes to clarify that it is not liable to pay the Php 24 billion penalties quoted by the Department of Energy (DOE) for the terminated service contracts of Solar Philippines. Of the 12,000...
MEDIA STATEMENT: MGEN’S INVESTMENT IN SP NEW ENERGY CORPORATION (SPNEC)
Pasig City, Philippines – 11 January 2026 — Meralco PowerGen Corporation (MGEN) today clarifies that SP New Energy Corporation (SPNEC) is a separate and distinct corporate entity from Solar Para Sa Bayan Corporation (SPBC). MGEN did not acquire any share in SPBC,...
MGEN Appoints Engr. Cabarrubias to Lead Cebu Thermal Operations
Engr. Cabarrubias steps up for MGEN’s thermal business. 09 January 2026 – Pasig City, Philippines – Meralco PowerGen Corporation (MGEN) announces the appointment of Engr. Erick C. Cabarrubias as Cebu Site Head effective 1 January 2026. In this role, Engr. Cabarrubias...