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’s earnings hit nearly $255m in 9M
MGEN’s earnings hit nearly $255m in 9M
The company now accounts for 37% in One Meralco Group’s total net earnings.
Meralco’s core income increases 10% in H1
The distribution utility accounted for more than half of the profit.
MTerra Solar’s first phase 54% complete
This was achieved eight months after its groundbreaking.
Meralco’s net income up 10.8% in Q1
Thanks to growth across its business units.
PH's Meralco bags franchise renewal
It was set to expire in 2028.
Actis closes $600 million Terra Solar investment
This is in line with a subscription agreement signed last year.
MGreen’s IPO being evaluated: Meralco
Assets may be injected into SPNEC.
Meralco’s core income jumps over 20% in 2024
Last year’s profit exceeded the full-year PHP43b guidance.
Eyes on nuclear, hybrid power in 2025
There is nuclear resurgence in Japan and Korea, and high battery storage demand in India.
Meralco secures Senate approval for franchise renewal
The House will now consider the Senate's amendments to the bill.
PH energy giants complete $3.3b LNG deal
The deal involves three of the biggest energy firms in the country.
Meralco to tap $1.28b loan facility for LNG venture
It is payable in 12 years.
Vena Energy, MGreen reach financial close for 550 MW Bugallon solar plant
This will be completed in Q4.
MSpectrum energizes new rooftop solar facility in PH
This will power water pumps in Cavite.
Terra Solar inks battery energy storage deal with Huawei
This will be the tech giant’s biggest BESS project.
Terra Solar taps more partners for 3.5 GW plant
Another Chinese company bagged the EPC contract.
MGen eyes 1.5 GW of additional renewable energy capacity
It also plans to expand the Toledo coal-fired plant.
Commentary
How pump retrofits boost profitability and efficiency in ageing power plants