Press Releases
MGreen units secure funding for solar projects in Isabela and Nueva Ecija
Units of MGen Renewable Energy, Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corporation (MGen), successfully secured funding for two of its solar power plant projects. These projects have a combined capacity of 67.75 megawatts AC (MWac) of renewable...
MGreen’s Greenergy for Global Inc. kicks off solar power plant project in Isabela
Greenergy for Global, Inc. (GGI) celebrated the ceremonial kickoff of its 49 MWac solar power plant in Cordon, Isabela last February 24, 2024. GGI, a subsidiary of MGen Renewable Energy Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corporation...
MGreen unit breaks ground for solar power plant in Nueva Ecija
Greentech Solar Energy, Inc., (GSEI) marked a significant milestone as it broke ground for its 18.75 MWac solar power plant in Bongabon, Nueva Ecija last February 21, 2024. GSEI, a subsidiary of MGen Renewable Energy Inc. (MGreen), the renewable energy arm of...
MGreen awards EPC contract for solar projects in Isabela and Nueva Ecija
MGen Renewable Energy, Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corporation (MGen), recently signed the Engineering, Procurement, and Construction (EPC) contracts for its solar power plant projects in Cordon, Isabela and Bongabon, Nueva...
MGen units support Brigada Eskwela 2023
MGen-GBP volunteers repainting the school gate and fence. Fully embracing its commitment to community development, Meralco PowerGen Corporation-Global Business Power Corporation (MGen-GBP), through subsidiaries Panay Energy Development Corporation (PEDC) and Panay...
In the News
MGEN Donation to Quezon LGU
By Business Mirror Volunteers at the Quezon Convention Center prepare the relief packs that will be distributed to residents of Quezon during the enhanced community quarantine. In line with its commitment to support the government in the fight against the coronavirus...
New workstations
By The Daily Tribune The SBMA and Philippine Red CrossOlongapo Chapter receive 26 refurbished computer units from One Meralco Foundation and Redondo Peninsula Energy Incorporated on Wednesday at the Philippine Red Cross Facility at the Naval Magazine area in Subic...
MGen, units donate P1.5m in relief goods
By Manila Standard Business Meralco PowerGen Corp. and unit San Buenaventura Power Co. Ltd. donated 425 sacks of rice and more than 200 boxes of canned goods worth P1.5 million to aid the Quezon provincial government’s COVID-19 relief efforts amid the extended...
S&P upgrades Meralco’s long-term credit rating to investment grade
by Adam J. Ang | Business World S&P Global Ratings has affirmed its BBB- investment-grade credit rating for Manila Electric Co. (Meralco) with a stable outlook as the listed firm takes on the impact of lower energy sales in 2020 and the delay in resetting its...
Robust Meralco withstands virus
Daily tribune Its robust capital structure will allow dominant electricity distributor Manila Electric Co. (Meralco) to withstand lower energy sales volume this year amid the coronavirus disease 2019 (COVID-19) outbreak, Standard and Poor’s Global Ratings...
Meralco unit acquires 70% of solar firm
By Myrna M. Velasco | Manila Bulletin Meralco PowerGen Corporation, a subsidiary of Manila Electric Company (Meralco), has acquired majority stake of 70-percent in NorteSol III Inc., a Filipino-led firm that is developing a floating solar facility at Laguna...
‘Bayanihan’ spirit keeps COVID-19 at bay in Quezon community
By Manila Standard A township in Atimonan, Quezon is using the insidious threat of Coronavirus 2019 (Covid-19) as an opportunity to work together to build a stronger community where their children can live their best lives. Through the Kaisa sa K asanayan at...
Community care to combat COVID-19
By Manila Standard Atimonan One Energy Inc (A1E), a subsidiary of Meralco PowerGen, recently teamed up with its technical partners to help fight the spread of coronavirus, or COVID-19, in various barangays in Atimonan, Quezon. A1E worked with Delta Earthmoving,...
Meralco cancels plan to auction 1,200 MW
by Alena Mae S. Flores | Manila Standard Manila Electric Co., the biggest retailer of electricity, cancelled the planned competitive selection process for 1,200 megawatts of greenfield baseload capacity needed by 2024 and will conduct a new CSP covering 1,800...
Meralco seeks CSP deferment
By Danessa Rivera | The Philippine Star MANILA, Philippines — Manila Electric Co. (Meralco) plans to defer its competitive selection process (CSP) for 1,200 megawatt greenfield capacity due to volatile oil prices and the enhanced community quarantine imposed in...