November 8, 2023

Meralco expects to complete purchase of SPNEC’s majority stake this year

By Alena Mae S. Flores – November 7, 2023, 8:12 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) expects to complete the acquisition of a majority stake in SP New Energy Corp. (SPNEC) by yearend, a top executive said […]
November 8, 2023

DOE to hold bidding for microgrid service provider

By Alena Mae S. Flores – November 7, 2023, 7:45 pm from manilastandard.net The Department of Energy (DOE) launched the bidding for microgrid service provider (MGSP) that will serve 98 unserved and underserved areas. It said in a statement the […]
November 8, 2023

Meralco to sign agreement with US nuclear firm

By Alena Mae S. Flores – November 7, 2023, 7:20 pm from manilastandard.net Power retailer Manila Electric Co.  expects to sign a cooperation agreement with US nuclear firm Ultra Safe Nuclear Corp.  next week during the US trip of President […]
November 7, 2023

Meralco’s core net income jumped 53% to P30b in first three quarters

By Alena Mae S. Flores – November 6, 2023, 9:25 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Monday it expects full-year consolidated core net income (CCNI) to reach P37 billion. The company said its CCNI jumped 53 […]