Meralco takes full control of Global Business Power
By Alena Mae S. Flores Manila Standard Manila Electric Co. said Wednesday wholly-owned unit Meralco PowerGen Corp. will take full ownership of Global Business Power Corp. after acquiring an additional 86-percent stake for P34.466 billion. Meralco said in a...
Groups want MGen coal plant project’s ECC declared expired
By Adam Ang BusinessWorld VARIOUS anti-coal groups have asked the government to declare the expiration of the environmental compliance certificate (ECC) of Meralco Powergen Corp.’s (MGen) large coal power plant project in Quezon province as its construction was...
Power firms support shift from coal to clean energy
By Alena Mae S. Flores Manila Standard Energy companies, environmental groups and consumers on Wednesday welcomed the Department of Energy’s declaration of a moratorium on endorsements for greenfield or new coal power plants. Energy Secretary Alfonso Cusi...