Tag page - MgEN

Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company, has acquired 20-percent of the shareholdings held by its Singaporean firm-partner Sunseap in the 50-megawatt PowerSource First Bulacan Solar Inc. (PFBSI) project. With the equity purchase, MGen has...

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...

Consunji-led firm Semirara Mining and Power Corporation (SMPC) has terminated its joint venture agreement (JVA) with Meralco PowerGen Corporation (MGen) for the previously proposed 700-megawatt St. Raphael Power Generation Corporation (SRPGC) in Calaca, Batangas. The deal between SMPC and MGen was...