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...