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STATEMENT OF MERALCO POWERGEN CORPORATION ON THE IMPACT OF THE MIDDLE EAST SITUATION ON ENERGY SECURITY
At Meralco PowerGen Corporation (MGEN), our foremost responsibility is to help ensure reliable and stable electricity supply for the Philippines and Singapore where we have presence, especially during this period. We recognize that the current energy situation is...
ONE MERALCO ADVANCES NUCLEAR ENERGY PUSH WITH $2.8M USTDA GRANT
PAVING THE WAY FOR NUCLEAR ENERGY ADOPTION. Manila Electric Company (Meralco) and the U.S. Trade and Development Agency (USTDA) have formalized a grant agreement to support a feasibility study for the adoption of small modular reactors (SMRs) in the Philippines. In...
MTerra Solar Phase 1 Now Energized and Synchronized with the Luzon Grid
Milestone achieved in less than 15 months since groundbreaking MGEN, Actis, DOE, and NGCP officials mark the initial synchronization and energization of MTerra Solar – achieved in less than 15 months since its groundbreaking. Pasig City, Philippines – 14 February 2026...
MGEN Unit Expands Handumanan Reforestation in Panay
MGEN, West Visayas State University, and DENR officials form partnerships for reforestation efforts in Lambunao, Iloilo. WVSU-CAF Campus Administrator Dr. Joel A. Araquil, Sr.; MGEN Thermal Chief Operating Officer Arnel L. Santos; MGEN Thermal Panay Site Head Antonio...
MTerra Solar Announces Board Reorganization as Project Nears Grid Injection
Spanning four municipalities across Nueva Ecija and Bulacan, MTerra Solar Project is set to become the world’s largest integrated solar and battery storage facility Pasig City, Philippines — 23 January 2026 — Terra Solar Philippines Inc. (MTerra Solar), an affiliate...
MEDIA STATEMENT: Update on SPNEC Company Name Change
Pasig City, Philippines – 22 January 2026 —This is to confirm that SP New Energy Corporation (SPNEC), a renewable energy subsidiary of Meralco PowerGen Corporation (MGEN), has filed today with the Securities and Exchange Commission (SEC) an application to change its...
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...