Singapore—Meralco PowerGen Corp. (MGen), the power generation unit of Meralco., seeks to bolster its baseload portfolio by 1,280 megawatts (MW) with two coal plants awaiting the government’s ...

Three of the country’s biggest conglomerates announced Tuesday the financial close for the $3.3-billion liquefied natural gas ...

Power retailer Manila Electric Co. (Meralco) said Tuesday it will draw from its P75-billion credit facility with BDO Unibank Inc., Bank of the Philippine ...

Aboitiz Power Corp. (AboitizPower), and San Miguel Corp. (SMC) have finalized their $3.3-billion deal to build an integrated liquefied natural gas (LNG) facility in Batangas. In separate announcements ...

MANILA, Philippines — PacificLight Power Pte Ltd., a subsidiary of Meralco PowerGen Corp. (MGen ... to shell out $900 million to fund the gas plant. Singapore’s Energy Market Authority ...

Meralco, which also has a sizable power generation ... Through CGHI, they will invest in the 1,278-megawatt (MW) Ilijan gas-fired power plant of San Miguel Global Power Holdings Corp. (SMGP ...

The deal involves Meralco’s power generation arm ... (SPPC), which owns and operates 1,278 megawatt (MW) Ilijan power plant. The SPPC is owned by San Miguel Global Power Holdings Corp. (San ...

These reductions offset the increase in PSA charges, which was caused by lower plant dispatch. For the period, Meralco sourced 34 percent, 30 percent and 36 percent of its energy requirements from ...

“These reductions tempered the P0.5638 per kWh increase in charges from power supply agreements (PSAs) due to lower plant dispatch,” the company said. WESM, IPPs, and PSAs accounted for 34%, 30%, and ...

International renewable solutions provider Vena Energy and MGen Renewable Energy Inc., the renewable energy arm of Meralco PowerGen Corp., have completed the financial and accounting processes for a ...

Lower charges also tempered the P0.5638 per kWh hike from Power Supply Agreements (PSA) due to lower plant dispatch. PSAs account for 36% of Meralco’s energy requirement in January. The power ...

on the back of lower plant dispatch. “While electricity rates decreased this month, we would like to remind our customers to continue practicing energy efficiency as a way of life especially with the ...