The Christmas gift for the roughly 8.0 million customers of Manila Electric Company (Meralco) will be bundled up in their electric bills, as the overall tariff of the utility firm in its December billing cycle had been down by P0.7961 per kilowatt hour. On an all-inclusive basis, the electricity...
Solar Philippines New Energy Corp. (SPNEC), a subsidiary of Solar Philippines, appointed Meralco PowerGen Corp. (MGen) chief financial officer (CFO) Rochel Donato Garcia as its new treasurer and officer. In a disclosure to the Philippine Stock Exchange on Tuesday, Dec. 5, SPNEC’s board of...
The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of SP New Energy Corporation (SPNEC) on Friday, Dec. 1, after the firm reported that its public float has been raised to 20.02 percent to meet the minimum public ownership requirement of 20 percent. ...
The unit of power distributor Manila Electric Co. (Meralco) has completed its initial investment, laying the groundwork for its prospective takeover of SP New Energy Corp. (SPNEC). In a disclosure to the Philippine Stock Exchange on Friday, Dec. 1, SPNEC said the Leviste-led firm has received P7...
Power utility giant Manila Electric Company (Meralco) will be seeking offers from power generation companies (GenCos) on its scheduled auction of 1,200-megawatt baseload power supply that will replace brownfield capacities currently drawn mainly from emergency power supply procurements. In a tender...
The Manila Electric Company (Meralco), the largest distribution utility in the Philippines, reiterates its unwavering commitment to women's empowerment, underscoring its advocacy of fostering diversity and inclusivity in the workplace. Meralco Chairman and Chief Executive Officer Manuel V....
Su Braimoh was back to his dominant ways while Chris Banchero made a resounding return from injury as Meralco zapped TNT, 109-95 in the 2023 PBA Commissioner's Cup at the PhilSports Arena in Pasig City on Sunday, Nov. 26. Meralco Bolts’ Chris Banchero attempts a layup against two TNT Tropang Giga...
Power distributor Manila Electric Co. (Meralco) denied anew Santa Rosa City Rep. Dan Fernandez's claim that the company overcharged its customers since 2012. In a statement on Sunday, Nov. 26, Jose Ronald Valles, Meralco first vice president and regulatory management head, said the company's rates...
Power utility giant Manila Electric Company (Meralco) and US firm Ultra Safe Nuclear Corporation (USNC) have sealed cooperation agreement for the targeted rollout of micro modular reactor (MMR) pilot project in the Philippines. According to the utility firm, the deal will warrant the conduct of a...
A Filipino company and an American corporation have agreed to undertake a pre-feasibility study to explore clean and sustainable energy options in the country. (RTVM Screenshot) The Manila Electric Co. (Meralco) and the Ultra Safe Nuclear Cooperation (USNC) signed the agreement to conduct a...
House Speaker Martin Romualdez (Speaker’s office) A game changer for the Philippines' energy landscape. That's how House Speaker Martin Romualdez described the twin nuclear agreements sealed during President Marcos' ongoing visit to the United...
Power utility giant Manila Electric Company (Meralco) has initially cornered prospective offers of 3,310 megawatts from six (6) interested bidders on its scheduled competitive selection process (CSP) for capacity procurement of 1,800MW that will satiate its additional supply portfolio for 2024 and...
