Press Releases
MGEN Rallies Energy Sector Towards a Smarter, Cleaner, and More Inclusive Future at Giga Summit 2025
The Future of Philippine Power Industry: The Chief’s Perspective. MGEN President and CEO Emmanuel V. Rubio during the panel session at Giga Summit 2025 – Day 2 held on 25 April 2025. Manila, Philippines — 25 April 2025 — On Day 2 of the Giga Summit 2025: The...
MGEN Unit Signs Largest PH Financing Deal
MGEN unit seals Php150 billion loan agreement for MTerra Solar Project, the world's largest integrated solar PV and battery energy storage system facility. Seen on the photo (from L-R): Metropolitan Bank & Trust Company Executive Vice President and Head of...
MGEN Outlines Path to Low Carbon Future
Cagayan de Oro City, Philippines – Meralco PowerGen Corporation (MGEN) reaffirmed its commitment to the country’s clean energy transition at the 2025 Philippine Electric Power Industry Forum (PEPIF), organized by the Independent Electricity Market Operator of...
MGEN Expands Clean Energy Portfolio With Completion of Three Solar Projects
MGreen Baras Solar in Barangay Pinugay, Baras, Rizal. This 80.1 MWac solar facility is expected to provide clean energy to around 81,000 households. This is the first solar power plant in the province of Rizal. Baras, Rizal, Philippines – 28 March 2025 –...
MERALCO POWERGEN (MGEN) UNIT MGREEN CLOSES TERRA SOLAR US$600 MILLION INVESTMENT BY ACTIS
METRO MANILA, PHILIPPINES, 17 MARCH 2025 – MGEN Renewable Energy, Inc. (MGreen), through its subsidiary SP New Energy Corporation (SPNEC), announces the closing of the acquisition by Actis Rubyred (Singapore) Pte. Ltd. through its wholly-owned subsidiary Actis Rubyred...
In the News
GBP EXTENDS HELP
By Philippine Star Global Business Power Corp., through subsidiaries Panay Energy Develop ment Corp. and Panay Power Corp., donated food to MECQ-affected residents of lloilo City amid rising COVID19 cases. In response to the local government's appeal for support, GBP...
MGen completes 86% acquisition of stake in GBPC
By Alena Mae Flores Manila Standard Meralco PowerGen Corp., a unit of Manila Electric Co., completed the acquisition of an 86-percent stake in Global Business Power Corp. from Metro Pacific Investments Corp. and JG Summit Holdings Inc. for P32.86 billion, net...
Empowering communities through sustainable development
Atimonan One Energy Inc. (A1E’s) Kaisa sa Kabuhayan program helps residents in Atimoman become self-reliant and sustainable amid the pandemic. The program’s effectivity was recognized by the International Association of Business Communicators which gave AE1’s Aplaya...
A1E Livelihood Program Bags Quill Award
By Philippine Star Atimonan One Energy Inc., a subsidiary of Meralco PowerGen Corp., was recognized by the International Association of Business Communicators with an Excellence Award in the corporate social responsibility category during the recent 18th...
Environmental Stewardship in Quezon
By Manila Standard Atimonan One Energy, Inc. (A1E) recently held a mangrove planting activity in partnership with the local government of Atimonan, Quezon province. Over 2,000 mangrove propagules (stem cuttings) were planted by volunteers along the two-hectare...
New Power Plants to Add Almost 9,000MW
By Power Philippines A total of 8,977.1 megawatts (MW) have been committed or are expected to be added to the country’s generating capacity as of end-2020, based on data from the Department of Energy (DOE). This is 58% higher compared to the 5,691.1MW in...
Safety a Core Priority
By Manila Standard PowerSource First Bulacan Solar, Inc. (PFBSI) recently bagged 1.5 million safe man-hours without lost time incident, a milestone that shows the company’s commitment to safety and security at its power plant site in San Miguel, Bulacan. PFBSI...
Meralco Powergen Eyes More Solar Plants
By Danessa Rivera Philippine Star MANILA, Philippines — Meralco Powergen Corp. (MGen), the power generating arm of Manila Electric Co. (Meralco), plans to develop more floating solar plants in Laguna Lake. MGen is awaiting regulations from the Laguna Lake...
A1E/MGEN Nagbibigay ng Kabuhayan sa Atimonan, Quezon sa Gitna ng Pandemya
By Jera Sison Pilipino Mirror MARAMING mga Pinoy ang nangangamba na mawalan ng trabaho dahil sa patuloy na pag-akyat ng bilang ng kaso ng Covid-19 sa ating bansa. Walang pinipiling lugar ang pagkalat ng nasabing sakit, sa lungsod man o sa lalawigan. Mabuti na...
Sardines for life
By Manila Standard The Atimonan Coastal Food Production Association (ACFPA), with the help Atimonan One Energy, Inc. (A1E), is not letting the bad news of increasing COVID-19 cases, affect its fledgling Spanish sardines business. The group recently set its...