MGen is aggressively pursuing several projects in various parts of the Philippines to help achieve energy security and ensure the provision of adequate, reliable and affordable power to customers in the Meralco franchise area and other areas. It also has international projects in its portfolio as part of its vision to be a regional player as well.
Project Under Construction
MGen is committed to decarbonize its generation portfolio by investing in large scale renewable energy (RE) projects both in the Philippines.
Utility scale RE projects are viewed by MGEN as “long-term growth options” as those areas wont contribute significantly to group finances in the short-term.
After screening several investment options, the company is now at an advanced stage to make its initial RE investment.
Solvre is a Retail Electricity Supplier licensed by the Energy Regulatory Commission which aims to provide the energy requirement of Contestable Customers within the regions of Luzon and Visayas. It is a wholly owned subsidiary of MGen.
Learn more about Solvre at https://solvre.ph/