Meralco injecting P10-B equity into 210-MW solar projects
By Myrna M. Velasco | Manila Bulletin The power generation arm of Manila Electric Company (Meralco) will be injecting P424.2 million worth of equity investments in initial 210 megawatts of solar projects that will command total capital outlay of P10.01 billion. The...
MGEN gets P424M funding
By Malaya Business Insight MGEN Renewable Energy Inc. (MGreen) has secured P424 million worth of equity funding that will be used to invest in various solar projects under development with a combined capacity of 210 megawatts (MW) and total combined project cost of...
Meralco infusing P424 million into green unit
By Danessa Rivera | The Philippine Star MANILA, Philippines — Manila Electric Co. (Meralco) is pouring in P424 million in the renewable energy unit of power generation arm Meralco Powergen Corp. (MGen) to finance its pipeline of solar project developments. In a...