May 28, 2020

ERC oks P410 million Meralco projects

By Danessa Rivera – May 28, 2020 – 12:00am from The Philippine Star MANILA, Philippines — The Energy Regulatory Commission has cleared Manila Electric Co. (Meralco) to spend P410.45 million for six capital expenditure projects. The amount is lower than […]
May 28, 2020

US firm buys FGen stake for ₱7.285 B

By Myrna M. Velasco – May 27, 2020, 10:00 PM from Manila Bulletin New York Stock Exchange-listed KKR & Co., Inc. will be acquiring the common shares of First Gen Corporation with a premium at ₱22.50 per share – and […]
May 27, 2020

MGen to build diversified power portfolio in 5 years

By Lenie Lectura – May 26, 2020 from Business Mirror THE power generating arm of the Manila Electric Co. (Meralco), Meralco PowerGen Corp. (MGen), is planning to build a portfolio of 3,000 megawatts (MW) in five years. “We are targeting […]
May 27, 2020

Singapore firm eyeing FGen shares via tender offer

By Myrna M. Velasco – May 26, 2020, 10:00 PM from Manila Bulletin Singapore-incorporated firm Valorous Asia Holdings Pte. Ltd. has expressed its interest to acquire 6.0 to 9.0-percent of the common shares of listed firm First Gen Corporation via […]