Press Releases
PH Renewables grants a livelihood starter kit for the benefit of former rebels
EMPOWERMENT THROUGH LIVELIHOOD. Balai Café Enterprise members with PHRI representatives led by Site Head Engr. RJ Rivera and CSR Luzon Head Jason Gavina, and AFP Lt. Col. Erwin Commendador. Balai Café is located at Sitio Galaxy, Barangay Pinugay, Baras, Rizal which is...
PH Renewables secures Php 2.65B loan facility for its 75 MW solar project
(From L-R) Mr. Raoul Santos, RCBC -Trust Group SVP; Mr. Jose Luis Gomez, RCBC Capital President and CEO; Ms. Elizabeth Coronel, RCBC EVP and Corporate Banking Group Head; Mr. Eugene Acevedo RCBC President and CEO; Mr. Jaime Azurin MGEN President and CEO; Mr....
MGreen and Vena Energy commemorate the development in Ilocos Norte solar project
Time Capsule Laying: (Left to Right) Currimao Mayor Edward Quilala; Vena Energy Business Development General Manager Mia Jarumayan; Ilocos Norte Governor Matthew Marcos Manotoc; Ilocos Norte Vice Governor Cecilia Araneta-Marcos; Samrinder Nehria, Head of Vena Energy...
Atimonan One Energy wins Excellence Awards in 19th Quill Awards
Members of Atimonan Coastal Food Producers Cooperative preparing Aplaya Spanish Sardines Dr. Richard Argullla, Municipal Heath Officer of Atimonan, Quezon during his Kaisa sa Kalusugan radio interview about the COVID-19 situation in the municipality. Atimonan...
GBP supports Brigada Eskwela 2022
Global Business Power Corporation (GBP), through subsidiaries Panay Energy Development Corporation (PEDC) and Panay Power Corporation (PPC), joins this year’s Brigada Eskwela kick-off with the theme , ‘’Brigada Eskwela: Tugon sa hamon ng ligtas na balik-aral’’. The...
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...