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...
Meralco to invest P424 million in MGreen’s solar power projects
By Victor V. Saulon | BusinessWorld MANILA Electric Co. (Meralco) said on Tuesday that its board of directors had approved the request of a subsidiary’s unit for a P424.2-million equity funding for its solar projects under development with a combined capacity of...