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Meralco unit buys stake in PFBSI

By Lorenz S. Marasigan | Business Mirror   The power generation arm of Manila Electric Co. (Meralco) said on Thursday it spent P158.95 million to acquire a 20-percent shareholding in PowerSource First Bulacan Solar Inc. (PFBSI), a company that is currently...

Meralco unit buys stake in PFBSI for P159M

By Jordeene B. Lagare | Manila Times   The power generation arm of the Manila Electric Co. (Meralco) is acquiring a 20-percent stake in PowerSource First Bulacan Solar Inc. (PFBSI) for P159 million. In a disclosure of Thursday, the listed electricity distributor...