August 23, 2024

MGreen signs deal to take 50% stake in Bugallon solar project

By Alena Mae S. Flores – August 22, 2024, 8:15 pm from manilastandard.net MGen Renewable Energy Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), signed an investment agreement with Vena Energy (Vena) to jointly develop, construct and […]
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 […]
May 31, 2023

New transmission line to avert power outages this year

By Alena Mae S. Flores – May 30, 2023, 8:20 pm from manilastandard.net Power retailer Manila Electric Co. said Tuesday the completion of the Hermosa-San Jose transmission line and the onset of the rainy season will help avert power outages […]
February 3, 2022

Meralco: SMC unit submits lowest bid

BY LENIE LECTURA – FEBRUARY 2, 2022 from Business Mirror South Premiere Power Corp. (SPPC), a power arm of conglomerate San Miguel Corp. (SMC), submitted the lowest bid for the contract to supply 170-megawatt (MW) peaking power to the Manila […]