Tuesday, May 19, 2026
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Tag: MGen

MGEN, ACEN study joining CBK complex auction in June

Meralco PowerGen Corp. and ACEN Corp. are studying the planned asset sale of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay,...

MGEN, partners adding 4,307 MW of new capacity

Manila Electric Co.’s power arm Meralco PowerGen Corp. (MGEN) and its partners are embarking on 4,307.4 megawatts of power generation projects up to 2030. MGEN...

PCC approves Meralco, Aboitiz and SMC acquisition of LNG facilities

The Philippine Competition Commission (PCC) said Monday it approved the joint acquisition of power facilities and a liquefied natural gas (LNG) terminal by Meralco...

MGen plans to convert 2 stranded assets into gas-fired power plants

Meralco PowerGen Corp. (MGen) plans to convert its two stranded coal plants in Zambales and La Union into gas-fired facilities, according to an executive. MGen...

PCC asked to divulge power plant acquisition bids

A consumer advocate asked the Philippine Competition Commission (PCC) to investigate and divulge the details of Meralco PowerGen Corp.’s (MGen) and Therma Natgas Power...

Meralco unit welcomes termination of delayed RE contacts

Meralco PowerGen Corp., the generation unit of Manila Electric Co. (Meralco), welcomed the decision of the Department of Energy terminating non-compliant service contracts, a...

World’s largest hybrid solar site in Luzon nearly finished

Solar Philippines New Energy Corp. (SPNEC), now controlled by Meralo PowerGen Corp., expects the world’s largest integrated renewables and energy storage project in Central...

MGen obtains P2.79-b loan from Security Bank to roll out two solar projects

Meralco PowerGen Corp. (MGen) said Friday its subsidiaries tapped combined funding of P2.79 billion for solar power projects from Security Banking Corp. MGen said the...

Meralco, Aboitiz sign LNG joint venture

MERALCO PowerGen Corp. (MGen) of Manila Electric Co. and Therma NatGas Power Inc. (TNGP) of Aboitiz Power Corp. signed an investment agreement to acquire...

Meralco to increase renewable projects to 1,500 MW by ‘30

Meralco PowerGen Corp. (MGen), Manila Electric Co.’s power generation arm, expects to complete 1,500-megawatt renewable energy (RE) projects by 2030, an executive said over...

MGen expects to complete 75-MW solar plant in April

By Alena Mae S. Flores MGen Renewable Energy Inc., a wholly-owned renewable energy unit of Meralco PowerGen Corp., expects to end 2023 with attributable capacity...

Bulacan solar plant set to start operations

Meralco PowerGen Corp., which acquired a majority take in PowerSource First Bulacan Solar Inc., will start the commercial operations of its 50-megawatt solar project...
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