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

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 […]
November 6, 2023

S&P raises rating outlook on Meralco

By Richmond Mercurio – November 4, 2023 | 12:00am from The Philippine Star Electrical linemen conduct maintenance check on electric posts along BIR Road in Diliman, Quezon City on Aug. 7, 2023. Jesse Bustos / The Philippine STAR Stable cash […]