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MGen to swing to profit in 2020

MERALCO PowerGen Corp. (MGen) is expected to swing to profit next year with the full operation of its first power generation plant, reversing the losses that it had incurred after the delays encountered by some of its projects.

MGen eyes floating solar installation in Laguna Lake

MERALCO POWERGEN Corp. (MGen) is venturing into a floating solar energy installation in Laguna Lake, which its president said is a cheaper option for its renewables subsidiary than land-based solar farms.

MGen mulls entry into biomass energy

MERALCO PowerGen Corp. (MGen) is studying new technology for its possible entry into biomass energy development to help address the country’s garbage problem through a waste-to-energy project, its president said.

MGen eyeing LNG to fuel power plant

MERALCO PowerGen Corp. (MGen) is looking at liquefied natural gas (LNG) as a possible fuel for a future power plant project, its top official said, pointing to the need of the country’s power system for that facility.

Leading the future of energy in the Philippines

Manny V. Pangilinan has ever been the face of energy in recent Philippine memory. With good reason, with him chairing the most important energy...

MGen submits land use plan for Atimonan town

MERALCO PowerGen Corp. (MGen), the distribution utility’s power generation arm, has stepped up the development of its baseload plant in Atimonan with the crafting of a comprehensive land use plan for the town in Quezon province.

Setting the bar high in powering Filipino communities

It has only been over a year since former Department of Public Works and Highways (DPWH) Secretary Rogelio L. Singson took up the role...

MGen not keen on acquiring Ayala’s coal-fired power plants

MERALCO PowerGen Corp. (MGen) is not keen on acquiring the coal-fired power plants being offered by Ayala-led AC Energy, Inc., saying the company’s thrust is towards developing renewable energy.

MGen says in talks with ADB, WB to construct merchant power...

MERALCO PowerGen Corp. (MGen) is in talks with multilateral lending agencies for a possible partnership in building merchant power plants to test the financing market that has been used to extend funding only to projects with approved power supply agreements.

MGen wants renewable energy capacity at 20%

MERALCO PowerGen Corp. (MGen) targets renewable energy to account for at least 20% of its attributable capacity in the coming years even as the company is looking at the coal-fired power plants being sold by the Ayalas’ energy unit.

Meralco PowerGen Corporation (MGen): Powering the future and transforming communities

By Romsanne R. Ortiguero A wholly-owned subsidiary of the Manila Electric Company (Meralco), the largest electric distribution utility in the Philippines, Meralco PowerGen Corporation (MGen)...