January 8, 2021

Meralco unit buys stake in PFBSI

By Lorenz S. Marasigan – January 8, 2021 from Business Mirror The power generation arm of Manila Electric Co. (Meralco) said on Thursday it spent P158.95 million to acquire a 20-percent shareholding in PowerSource First Bulacan Solar Inc. (PFBSI), a […]
January 6, 2021

MGen raises stake in PFBSI

Danessa Rivera – January 5, 2021 – 12:00am from The Philippine Star MGen earlier said it plans to acquire additional 20 percent equity in PowerSource First Bulacan Solar Inc. (PFBSI), where it owns 40 percent through MGen Renewable Energy Inc. […]
December 24, 2020

Meralco takes full control of Global Business Power

By Alena Mae S. Flores – December 23, 2020 at 07:50 pm from manilastandard.net Manila Electric Co. said Wednesday wholly-owned unit Meralco PowerGen Corp. will take full ownership of Global Business Power Corp. after acquiring an additional 86-percent stake for […]
December 18, 2020

Bidders air concerns on Meralco CSP

By Lenie Lectura – December 18, 2020 from Business Mirror Interested bidders for the upcoming Competitive Selection Process (CSP) to supply the Manila Electric Co. (Meralco) 1,800 megawatts (MW) of power convened late Thursday to discuss their concerns. “There were […]