One Meralco Foundation (OMF), the corporate social responsibility arm of Manuel V. Pangilinan-led Manila Electric Company (Meralco), has energized 255 homes in several barangays in Doña Remedios Trinidad, Bulacan allowing low-income families to have access to stable electricity service.
ACEN Corp. said Friday it will subscribe to newly-created shares of Belenos Energy Corp., which will give the listed renewable energy arm of the Ayala Group a 69.58 stake in the target company.
MSpectrum Inc., the wholly owned solar subsidiary of the Manila Electric Company (Meralco), has energized the solar rooftop facility of Japanese manufacturer Citizen Finedevice Philippines Corp. in Batangas province.
Repower Energy Development Corp., a listed renewable energy company, said it has turned over P241.1 million to the elders of the Dumagat Tribe in Quezon as the indigenous people’s share in the earnings of one of run-of-river power plants within its ancestral lands.