Press Releases
MGEN’s PacificLight Taps Mitsubishi Power, Jurong Engineering Limited for Singapore’s Advanced Hydrogen-Ready CCGT plant
From left (seated): Mr. Daichi Nakajima (EVP, Mitsubishi Power); Mr. Yu Tat Ming (CEO, PacificLight Power); Mr. Koichi Watanabe (CEO and MD, Jurong Engineering Limited) during the EPC contract signing in Singapore 24 October 2025 – Pasig City,...
MGEN Volunteers Collect 2,200-kg of Waste in Coastal Cleanup Drives
MGEN volunteers work hand-in-hand with the Philippine Coast Guard and the Provincial Government of Quezon Environment and Natural Resources Office to clean up shorelines at Atimonan, Quezon. Meralco PowerGen Corporation (MGEN) joined this year’s International...
MGEN Unveils Center for Innovation in Visayas
Pioneering Energy Education and Training in partnership with Meralco Power Academy MGEN unveils its first MGEN Center for Innovation – delivering high-quality programs that empower the energy workforce, support regional growth, and help drive innovation that...
MGEN Strengthens Thermal Business with New Leadership Appointments
MGEN Welcomes New Leadership for Thermal Business 22 September 2025 — Pasig City, Philippines — Meralco PowerGen Corporation (MGEN) today announced key leadership appointments within its thermal generation business, underscoring its commitment to operational...
MGEN Partners with CATL, SUMEC for 49MW Toledo BESS
MGEN partners with CATL and SUMEC to develop a BESS project in Toledo, Cebu. Seen in the photo are: MGEN Thermal Vice President & Finance Head Margarita Paulino; MGEN Thermal Chief Operating Officer Felino Bernardo; MGEN Thermal President Jaime Azurin; MGEN...
In the News
DoE accepts bids for potential
BY Maria Romero | The Daily Tribune The Department of Energy (DoE) said it has started accepting bids for 22 predetermined areas for potential geothermal and hydropower resources to accelerate the country’s renewable energy (RE) development. In its 3rd Open and...
50-MW Bulacan solar project to open in Q1
BY Alena Mae S. Flores | Manila Standard Meralco PowerGen Corp., which took a majority stake in PowerSource First Bulacan Solar Inc., expects the completion of a 50-megawatt solar power plant in the first quarter. Manila Electric Co. said in a disclosure to the...
MGen sets aside P159M for bigger stake in solar unit
By: Ronnel W. Domingo | Philippine Daily Inquirer The power generation arm of Manila Electric Co. (Meralco) has earmarked P158.95 million to secure a controlling interest in an affiliate that is building a solar farm in Bulacan province. Meralco said in a...
Meralco’s MGen takes control of Bulacan solar firm for P159M
By BusinessWorld MERALCO PowerGen Corp. ( MGen) has gained control over a solar energy company in Bulacan by acquiring its co-owner’s shares for P158.95 million, its parent fi rm Manila Electric Co. ( Meralco) told the local bourse on Thursday. In a regulatory...
Meralco unit buys stake in PFBSI
By Lorenz S. Marasigan | 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 company that is currently...
Meralco subsidiary buys 20% stake of Singaporean solar project partner
by Elisor Recide | Manila Bulletin Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company, has acquired 20-percent of the shareholdings held by its Singaporean firm-partner Sunseap in the 50-megawatt PowerSource...
Meralco unit buys stake in PFBSI for P159M
By Jordeene B. Lagare | Manila Times The power generation arm of the Manila Electric Co. (Meralco) is acquiring a 20-percent stake in PowerSource First Bulacan Solar Inc. (PFBSI) for P159 million. In a disclosure of Thursday, the listed electricity distributor...
PHL needs a clear energy transition plan
By Business Mirror Editorial Will the pandemic lead to social revolts? Recent reports on vaccines working effectively make us optimistic about the Philippine economic forecast in 2021. Effective vaccines will help ignite faster economic recovery. Government has...
PSE suspends Meralco’s trading of securities amid pending acquisition
BY Angelica Y. Yang | BusinessWorld THE LOCAL bourse on Monday suspended the trading of securities of Manila Electric Co. (Meralco), which earlier announced its unit Meralco PowerGen Corp.’s (MGen) intention to acquire 100% ownership of Global Business Power...
Meralco says sale price of GBPC is fair, reasonable
By Alena Mae S. Flores | Manila Standard Manila Electric Co. said Monday the acquisition price of P34.466 billion that wholly-owned unit Meralco PowerGen Corp. paid for the 86-percent stake in Global Business Power Corp. is “fair and reasonable.” Meralco said...