SP New Energy Corporation (SPNEC) is planning a follow-on offering to raise additional capital as well as to increase its public float specially after this will be further reduced once MGen Renewable Energy Inc. (MGreen) comes in as its new controlling shareholder. In a disclosure to the Philippine...
The Energy Regulatory Commission (ERC) has approved the withdrawal of application for the power supply agreements (PSA) that had been jointly agreed to be terminated by parties-in-interest Manila Electric Company (Meralco) and the subsidiary-companies of SMC Global Power Holdings Corp (SMGP) of the...
Meralco Power Academy (MPA) received certification from the Department of Energy (DOE) which considers it a recognized training institution (RTI). MPA, the education provider unit of Manila Electric Co. (Meralco), can now conduct the prescribed capability-building training for Energy Efficiency and...
The P15.9 billion investment to be injected by a subsidiary-company of Manila Electric Company (Meralco) into the Leviste-founded SP New Energy Corporation (SPNEC) will help ramp up the development of the latter’s pipelined solar-plus-energy storage projects. The utility firm announced that MGen...
EMPOWERING FAR FLUNG SCHOOLS. One Meralco Foundation (OMF) once again partnered with Lenovo Philippines Inc. for its school electrification program. Seen in the photo are (from left) Meralco Chief Revenue Officer and OMF Trustee, Ferdinand O. Geluz. Meralco FVP and Head of Information,...
The recurrence of gas supply restriction from the Malampaya field has triggered another round of shutdown for the 414-megawatt San Gabriel power plant of First Gen Corporation, according to sources from the company. The gas being fed to the San Gabriel power plant of the Lopez group is drawn from...
Meralco just couldn’t catch a break in its overseas stint, this time absorbing a 75-56 defeat at the hands of Faith Union Sport from Morocco in the classification round of the Dubai Basketball International Championship at the Al Gharafa Sports Club in Doha in the wee hours of Saturday, Sept. 30....
Meralco fell short of its comeback from 26 points down, dropping an 87-81 decision against Al Ahly of Libya to come out winless in the group stage of the Doha International Basketball Championship at the Al Gharafa Sports Club in Qatar, early Thursday, Sept. 28. Meralco import Uko Lukovic...
Meralco absorbed another stinging defeat, this time falling at the hands of Al Zamalek of Egypt, 70-62, in the 2023 Doha International Basketball Championship at the Al Gharafa Sports Club in Doha, Qatar early Wednesday, Sept. 27. Meralco import Ferron Hunt (Meralco Bolts' Facebook...
Meralco started off on the wrong foot in its campaign in the 2023 Doha Basketball Invitational Championship after falling to Al Arabi FC of Kuwait, 90-82, at the Al Gharafa Sports Club in the wee hours of Tuesday, Sept. 26. Former NBA player Ferron Hunt tried to carry the fight for the Bolts...
Luigi Trillo admits Meralco will be up for a tough mission in the 2023 Doha International Basketball but believes it is exactly what his teams needs as they prepare for the upcoming PBA and East Asia Super League seasons. Meralco head coach Luigi Trillio (PBA Images) The Bolts are...
The Meralco Bolts will replace Barangay Ginebra as one of the two PBA teams in the East Asia Super League which unwraps on Oct. 11 Raymond Almazan of Meralco (left) jockeys for rebounding position against Ginebra's Japeth Aguilar. (PBA) The Bolts are in Group B comprised of B.LEAGUE champions...
