MGen was incorporated to engage in the power generation business. It is a wholly-owned subsidiary of Manila Electric Co. (Meralco), the Philippines’ largest electricity distribution utility. MGen aims to build a diversified power generation portfolio with 3,000 MW total combined capacity, including 1,000 MW in renewable energy.
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The company has not participated in any projects.
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The Philippines’ Meralco Powergen Corporation (MGen) and its subsidiary Solar Philippines New Energy Corporation (SPNEC) have announced UK-based investment firm Actis as its partner for the 3.5-...
Read moreMeralco Powergen has completed the acquisition of a 50.5% stake in SP New Energy Corporation (SPNEC) via an investment of PHP 15.9 billion (US$ 286 million) in the Philippines. MGEN Renewable Energy,...
Read morePrime Infra has signed a 20-year power supply agreement (PSA) with Manila Electric Co. (Meralco) to supply 850 MW of energy generated from its 2,500 MW to 3,500 MW solar photovoltaic (PV) s...
Read moreThe Manila Electric Company (Meralco) declares Ahunan Electricity, Inc., a subsidiary of Prime Infrastructure Capital, as the Original Proponent for its offer to supply 500 MW of mid-merit power utili...
Read moreManila Electric Co., in partnership with Mitsui Group, has secured PHP2.65 billion (US$46.65 billion) financial support for the development of the 75 MW solar photovoltaic (PV) project located in...
Read moreMeralco PowerGen Corp. (MGen) and Vena Energy have started the construction of the 68 MWAC solar project in Currimao, Ilocos Norte, Philippines. In February 2022, MGreen entered into a partnership wi...
Read moreMeralco PowerGen Corporation (MGen) plans to start the construction of 50 MWac solar project located in San Miguel, Bulacan province within this month. MGEN has secured the construction per...
Read moreElectricity Generating Public Company Limited or EGCO Group has announced the start of construction of its San Buenaventura coal-fired power project in the Philippines.
Read morePhilippine firm MERALCO PowerGen Corp. (MGen) plan to raise close to P100 billion (US$2.24 billion) to fund two power projects that are expected to move forward this year.
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