Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co., is positioning itself to become one of the largest power generation companies in the ASEAN region.
MGen chairman Manuel Pangilinan shared the company’s growth strategy during the launch of its refreshed corporate brand.
“We look forward to the next five years and I think this will be golden years for MGen,” Pangilinan said.
MGen currently operates a 5,068-megawatt (MW) portfolio spanning the Philippines and Singapore.
Its assets include thermal and natural gas plants, seven solar plants in Luzon with a 400 MW capacity, investments in Singapore-based PacificLight Power, a 40.2 percent stake in LNGPH, the country’s first and largest liquefied natural gas (LNG) facility and the upcoming MTerra Solar, which is slated to be the world’s largest integrated solar and battery storage facility.
“MGen is more than just power plants and projects—we are an organization moving with one purpose,” said MGen president and chief executive Emmanuel Rubio. “When we act as One MGEN, we can deliver reliable energy today while building the solutions that will power a better tomorrow.”
The company’s new brand identity, which marks a milestone in its 15-year history, reflects its vision “to be the leader in the Philippines’ transition to a secure, affordable, and sustainable energy future—while fueling economic growth by meeting the region’s energy requirements.”
The brand evolution unites the company’s diverse energy portfolio under a single identity, “One MGEN.” This includes MGen Thermal (formerly MThermal), which provides baseload power for energy security, MGen Natural Gas (formerly MNatGas), which acts as a transitional fuel to support the shift to a sustainable energy future, and MGen Renewables (formerly MGreen), which is expanding renewable capacity through solar and battery energy storage.
