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...
