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 ...

Manila Electric Co. (Meralco) of billionaire Manuel V. Pangilinan is betting big on larger nuclear power plants, particularly the conventional type, as it explores a deal with nuclear powerhouse ...

Meralco said the loan ... Through their joint venture, MGen and TNPI intend to invest in two gas-fired power plants owned by tycoon Ramon Ang’s San Miguel Global Power Holdings Corp. (SMGP).

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 ...

“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 ...

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

For the period, Meralco sourced 34 percent ... which covers the cost of transporting electricity from power plants to distribution systems, is paid to the grid operator, while taxes and other ...

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 ...

After two straight months of rate hikes, Manila Electric Co. (Meralco) said Thursday its customers ... usually accounts for at least half of power bills. For late last year, particularly in ...

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 ...

Authorities from Manila Electric Company (Meralco) raided residential areas in Pasay City and in Parañaque City on Friday after several houses and stores were illegally connected to the power line of ...

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 ...