Press Releases
MGEN Champions Renewable Push at Solar & Storage Live PH 2025
MTerra Solar achieves breakthrough progress rate of 42% Construction in full swing at the MTerra Solar project site in Nueva Ecija. 19 May 2025 – Pasay City, Philippines – MGEN Renewable Energy Inc. (MGreen), the...
Powering the Shift: MGEN Accelerates PH’s Energy Transition
MGreen Baras Solar is the province of Rizal’s first and only solar farm. Meralco PowerGen Corporation (MGEN) is driving the Philippines’ energy transition with urgency and purpose. Through its renewable energy arm, MGEN Renewable Energy, Inc. (MGreen), the...
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...
In the News
MGEN Donation to Quezon LGU
By Business Mirror Volunteers at the Quezon Convention Center prepare the relief packs that will be distributed to residents of Quezon during the enhanced community quarantine. In line with its commitment to support the government in the fight against the coronavirus...
New workstations
By The Daily Tribune The SBMA and Philippine Red CrossOlongapo Chapter receive 26 refurbished computer units from One Meralco Foundation and Redondo Peninsula Energy Incorporated on Wednesday at the Philippine Red Cross Facility at the Naval Magazine area in Subic...
MGen, units donate P1.5m in relief goods
By Manila Standard Business Meralco PowerGen Corp. and unit San Buenaventura Power Co. Ltd. donated 425 sacks of rice and more than 200 boxes of canned goods worth P1.5 million to aid the Quezon provincial government’s COVID-19 relief efforts amid the extended...
S&P upgrades Meralco’s long-term credit rating to investment grade
by Adam J. Ang | Business World S&P Global Ratings has affirmed its BBB- investment-grade credit rating for Manila Electric Co. (Meralco) with a stable outlook as the listed firm takes on the impact of lower energy sales in 2020 and the delay in resetting its...
Robust Meralco withstands virus
Daily tribune Its robust capital structure will allow dominant electricity distributor Manila Electric Co. (Meralco) to withstand lower energy sales volume this year amid the coronavirus disease 2019 (COVID-19) outbreak, Standard and Poor’s Global Ratings...
Meralco unit acquires 70% of solar firm
By Myrna M. Velasco | Manila Bulletin Meralco PowerGen Corporation, a subsidiary of Manila Electric Company (Meralco), has acquired majority stake of 70-percent in NorteSol III Inc., a Filipino-led firm that is developing a floating solar facility at Laguna...
‘Bayanihan’ spirit keeps COVID-19 at bay in Quezon community
By Manila Standard A township in Atimonan, Quezon is using the insidious threat of Coronavirus 2019 (Covid-19) as an opportunity to work together to build a stronger community where their children can live their best lives. Through the Kaisa sa K asanayan at...
Community care to combat COVID-19
By Manila Standard Atimonan One Energy Inc (A1E), a subsidiary of Meralco PowerGen, recently teamed up with its technical partners to help fight the spread of coronavirus, or COVID-19, in various barangays in Atimonan, Quezon. A1E worked with Delta Earthmoving,...
Meralco cancels plan to auction 1,200 MW
by Alena Mae S. Flores | Manila Standard Manila Electric Co., the biggest retailer of electricity, cancelled the planned competitive selection process for 1,200 megawatts of greenfield baseload capacity needed by 2024 and will conduct a new CSP covering 1,800...
Meralco seeks CSP deferment
By Danessa Rivera | The Philippine Star MANILA, Philippines — Manila Electric Co. (Meralco) plans to defer its competitive selection process (CSP) for 1,200 megawatt greenfield capacity due to volatile oil prices and the enhanced community quarantine imposed in...