Press Releases
MGEN Rallies Energy Sector Towards a Smarter, Cleaner, and More Inclusive Future at Giga Summit 2025
The Future of Philippine Power Industry: The Chief’s Perspective. MGEN President and CEO Emmanuel V. Rubio during the panel session at Giga Summit 2025 – Day 2 held on 25 April 2025. Manila, Philippines — 25 April 2025 — On Day 2 of the Giga Summit 2025: The...
MGEN Unit Signs Largest PH Financing Deal
MGEN unit seals Php150 billion loan agreement for MTerra Solar Project, the world's largest integrated solar PV and battery energy storage system facility. Seen on the photo (from L-R): Metropolitan Bank & Trust Company Executive Vice President and Head of...
MGEN Outlines Path to Low Carbon Future
Cagayan de Oro City, Philippines – Meralco PowerGen Corporation (MGEN) reaffirmed its commitment to the country’s clean energy transition at the 2025 Philippine Electric Power Industry Forum (PEPIF), organized by the Independent Electricity Market Operator of...
MGEN Expands Clean Energy Portfolio With Completion of Three Solar Projects
MGreen Baras Solar in Barangay Pinugay, Baras, Rizal. This 80.1 MWac solar facility is expected to provide clean energy to around 81,000 households. This is the first solar power plant in the province of Rizal. Baras, Rizal, Philippines – 28 March 2025 –...
MERALCO POWERGEN (MGEN) UNIT MGREEN CLOSES TERRA SOLAR US$600 MILLION INVESTMENT BY ACTIS
METRO MANILA, PHILIPPINES, 17 MARCH 2025 – MGEN Renewable Energy, Inc. (MGreen), through its subsidiary SP New Energy Corporation (SPNEC), announces the closing of the acquisition by Actis Rubyred (Singapore) Pte. Ltd. through its wholly-owned subsidiary Actis Rubyred...
In the News
Policy tweaks to hasten RE adoption in PHL–Meralco
By Lenie Lectura | Business Mirror The Manila Electric Co. (Meralco) underscored the regulators’ role in breaking the barriers that would lead to a successful shift to renewable energy adoption. During the recent Asia Pacific Energy Week event, Meralco head of...
Sardines for life
The Atimonan Coastal Food Production Association (ACFPA), with the help of Atimonan One Energy Inc. (A1E), is not letting the bad news of increasing Covid19 cases, affect its fledgling Spanish sardines business. The group recently set its sights on coming up...
Meralco PowerGen sets ‘rebranding’ on Bulacan solar project
By Myrna Velasco | Manila Bulletin Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company (Meralco) will be pursuing a rebranding of its 50-megawatt PowerSource First Bulacan Solar Inc. (PFBS) project that is due on...
Safety in numbers
Manila Standard Atimonan One Energy, Inc. (A1E) recently achieved two million safe manhours without a lost-time incident (LTI), a milestone that cements the company’s commitment to security and quality in all its activities at its power plant site in Barangay Villa...
Meralco disqualifies 3 bidders for 1,800-MW supply contract
Manila Standard.Net Manila Electric Co. said Wednesday three of nine bidders were disqualified from participating in the competitive selection process for the supply of 1,800 megawatts over a 20-year period. Meralco said the third-party bids and awards...
Learning is a go in Quezon despite COVID-19
Manila Standtard.Net Over 9,000 books worth Php4.5 million were distributed recently by Atimonan One Energy, Inc. (A1E) and Rex Bookstore, Inc., to public high schools supervised by the Department of Education (DepEd) in Atimonan, Quezon. Atimonan...
SMC, Aboitiz Power join PSA auction of Meralco
Manila Bulletin SMC Global Power Holdings Corporation, the energy investment arm of San Miguel Corporation and Aboitiz Power Corporation, were among the big-ticket players in the power industry that submitted offers in the competitive selection process (CSP)...
9 firms bid for Meralco CSP
Philstar global MANILA, Philippines — Only nine generating companies submitted their bids to supply Manila Electric Co. (Meralco) with 1,800 megawatts (MW) of power through a competitive selection process (CSP). “Nine submissions were received by the deadline,...
Nine companies offering 1,800-MW supply to Meralco
Manilastandard.net Nine power companies with combined offers of 5,850 megawatts participated in the competitive selection process for the supply of 1,800 MW to Manila Electric Co. over a 20-year period. “Nine submissions were received by the deadline,...
Bidders raise offers for Meralco supply deal
Philstar Global MANILA, Philippines — Three groups which have expressed interest in participating in Manila Electric Co.’s competitive selection process (CSP) for 1,800 megawatts of power supply have raised their bids. Meralco head of utility economics Lawrence...