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Meralco gets funds for solar power projects

By Ronnel W. Domingo | Philippine Daily Inquirer MGen Renewable Energy Inc. (MGreen), part of the Meralco group, has secured P424 million in equity funding from Manila Electric Co. for investments in various solar power projects that are now being developed. MGreen is...

MGen giving P424 million to MGreen for 210 MW of solar-power projects

By Lenie Lectura | Business Mirror THE Manila Electric Co. (Meralco) will provide P424 million to MGen Renewable Energy Inc. (MGreen) to partly finance the development of 210 megawatts (MW) of various solar-power projects. “The company’s board of directors approved...

MGreen gets funding for solar projects

MGEN Renewable Energy, Inc. (MGreen) has secured equity funding amounting to P424 million that will be used to invest in various solar projects under development. These solar projects have a combined capacity of 210 megawatts (MW) and total combined project cost of...