March 4, 2024

San Miguel selling 2 power plants to Meralco, Aboitiz unit for over $3b

By Alena Mae S. Flores – March 3, 2024, 9:50 pm from manilastandard.net Meralco PowerGen Corp. and Aboitiz Power Corp. said they are jointly investing in two of San Miguel Global Power Holdings Corp.’s gas-fired power plants in a deal […]
March 4, 2024

SPNEC woos more investors to roll out ‘world’s largest solar project’

By Alena Mae S. Flores – March 3, 2024, 9:30 pm from manilastandard.net SP New Energy Corp. (SPNEC) is wooing more investors in Terra Solar Philippines Inc., the corporate vehicle of the “world’s largest solar project.” Terra Solar is a […]
March 4, 2024

MGen, Aboitiz, San Miguel forge landmark energy deal

By Alena Mae S. Flores – March 3, 2024, 12:50 pm from manilastandard.net Ramon S. Ang and Manny V. Pangilinan Meralco PowerGen Corp. and Aboitiz Power Corp. announced they will jointly invest in two of San Miguel Global Power Holdings […]
February 27, 2024

Meralco’s core income rose 37% to P37.1b in 2023

By Alena Mae S. Flores – February 26, 2024, 8:45 pm from manilastandard.net Manila Electric Co. (Meralco) said Monday its consolidated core net income (CCNI) grew 37 percent in 2023 to P37.1 billion  from P27.1 billion in 2022, led by […]