Meralco

Meralco is the largest private sector electric distribution utility company in the Philippines covering 36 cities and 75 municipalities.
See below for the Latest Meralco News, Analysis, Profit Results, Share Price Information, and Commentary.

MGen may ‘mimic’ $4b solar project north of Manila

The power generator expects to be busy with Terra Solar in the next three years. 
6 days ago

MGen may ‘mimic’ $4b solar project north of Manila

The power generator expects to be busy with Terra Solar in the next three years. 
6 days ago

Meralco bags House approval for franchise renewal

Once signed by the Philippine president, the company will be granted 25 years.

MGen’s $4b Terra Solar plant to aid Philippine RE transition

It will deliver power to 2.4 million houses and cut emissions by 3.6 million tonnes yearly.

Meralco, Doosan to study deployment of nuclear facilities in PH

They also eye the rehabilitation of the Bataan nuclear plant.

UK’s Actis to invest $600m in PH’s Terra Solar project

The investment firm will take a controlling interest of 40%.

Meralco to sustain strong financial performance amidst heavy investments

The company is projected to maintain a ratio of FFO to debt of up to 45% over the next two years.

Meralco eyes increasing stake in SP New Energy

The possible transaction will still go through a review.

Meralco’s core net income jumps 21% in H1

Thanks to higher sales volumes of the distribution utility.

Meralco plans micro-nuclear power plants for remote areas by 2028

It will be deployed in one of the island provinces.

Philippines’ Meralco, Aboitiz, San Miguel launch $3.3b LNG facility

The partnership will contribute over 2,500 MW of generation capacity once fully operational.

Spectrum surpasses 50-MW solar capacity, eyes bright future for RE in Philippines

Spectrum’s COO discusses growth, partnerships, challenges and future plans in reshaping Philippines’ clean energy landscape.

Meralco breaks into the Philippines’ solar industry with Spectrum 

Spectrum has an installed capacity of more than 50 megawatts throughout the country. 

Meralco core net income up 10% YoY in 2022

Its energy sales were boosted by the recovery of business and public confidence.

Philippines’ Meralco core income climbs 15% in first half

The company recorded a net income of P12.1b during the period.

Higher generation costs push Philippine April rates up

Meralco reported the overall rate for a household went up to P10.18 per kWh from P9.64.