March 3, 2025

MGEN subsidiary expects to exceed 1,500MW target

By Lenie Lectura – March 3, 2025 from Business Mirror MERALCO PowerGen Corp. (MGen) subsidiary MGEN Renewable Energy Inc. (MGreen) expects to exceed its renewable energy (RE) target of 1,500 megawatts (MW) by 2030 from the current 344.5MW. For this […]
February 22, 2025

San Miguel energy unit raises $100M for managing debt

By Lisbet K. Esmael – 02:14 AM February 22, 2025 from inquirer.net / Philippine Daily Inquirer San Miguel Global Power (SMGP), the energy subsidiary of the tycoon Ramon Ang-led conglomerate, has secured an additional $100 million from issuing fresh senior […]
January 29, 2025

Top PHL power firms reach financial close for gas deal

By Lenie Lectura – January 28, 2025 from Business Mirror The country’s top power firms have achieved financial close for their liquefied natural gas (LNG) facility which recently received the green light of the government’s competition watchdog. In separate disclosures, […]
January 22, 2025

Meralco gets P 75-B loan to boost LNG venture

By Lisbet K. Esmael – 02:07 AM January 22, 2025 from inquirer.net / Philippine Daily Inquirer Manila Electric Co., the country’s largest private electric distribution utility, will take out P75 billion worth of loans from three major local banks, mainly […]