50-MW Bulacan solar project to open in Q1
BY Alena Mae S. Flores | Manila Standard Meralco PowerGen Corp., which took a majority stake in PowerSource First Bulacan Solar Inc., expects the completion of a 50-megawatt solar power plant in the first quarter. Manila Electric Co. said in a disclosure to the...
MGen sets aside P159M for bigger stake in solar unit
By: Ronnel W. Domingo | Philippine Daily Inquirer The power generation arm of Manila Electric Co. (Meralco) has earmarked P158.95 million to secure a controlling interest in an affiliate that is building a solar farm in Bulacan province. Meralco said in a...
Meralco’s MGen takes control of Bulacan solar firm for P159M
By BusinessWorld MERALCO PowerGen Corp. ( MGen) has gained control over a solar energy company in Bulacan by acquiring its co-owner’s shares for P158.95 million, its parent fi rm Manila Electric Co. ( Meralco) told the local bourse on Thursday. In a regulatory...