Meralco PowerGen Corporation (MGEN), a power generation investment subsidiary of Manila Electric Company (Meralco) has acquired 86-percent shareholdings of affiliate firm Global Business Power Corporation (GBP) for P34.466 billion. The stake acquisition by MGEN was carried out through the transfer...
The country’s biggest power generation companies are eyeing to join the competitive selection process (CSP) of Manila Electric Company (Meralco) so they can corner contracts on the utility firm’s future power...
The power generation investment subsidiary of Manila Electric Company (Meralco) will ramp up investments in renewable energy (RE) technologies, escalating its target to 2,000 megawatts for projects in the pipeline. Meralco PowerGen Corporation President and CEO Rogelio L. Singson qualified that the...