Tag: Meralco

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Silicon Valley sparks Meralco grid push

Manuel V. Pangilinan-led Manila Electric Company (Meralco) went technology shopping in the US, and came home with more than just ideas.

ERC expands lifeline discounts for low-income power users

Low-income electricity consumers are set to get bigger relief on their power bills after regulators approved a new, uniform national lifeline subsidy.

Meralco rates tick up as grid costs bite

After two months of lower power bills, Meralco customers are seeing a reversal in February as electricity rates climb on higher grid-related charges.

Big power groups jostle for Meralco’s 200MW RE

Major power generation groups are emerging as key contenders in Manila Electric Co.’s (Meralco) Competitive Selection Process (CSP) for its 200-megawatt renewable energy (RE) baseload supply, highlighting how established energy players are positioning themselves for long-term clean power contracts.

Meralco, EVAP charge up Philippines’ electric shift

The Manila Electric Co., the country’s largest power distribution better known as Meralco, and the Electric Vehicle Association of the Philippines (EVAP) are ramping up efforts to accelerate electric vehicle adoption, reaffirming a partnership seen as critical to building a sustainable transport future.

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RCBC launches P5B ASEAN Sustainability Bond offer

Rizal Commercial Banking Corp. has begun offering peso-denominated fixed-rate Series G ASEAN Sustainability Bonds due 2029, tapping investors as the bank expands funding for green and social projects.

AboitizPower unit secures loan for wind project

Aboitiz Power Corp. said its renewable energy subsidiary has secured a P6.1 billion project finance facility from Bank of the Philippine Islands, the country’s 4th largest lender by assets, to fund the construction of a new wind power project in southern Luzon.

APECO pushes Pacific gateway amid risks

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is accelerating plans for a Pacific-facing mega port in Aurora province, betting that mounting geopolitical tensions will push global shipping to seek alternative routes.

DTI deploys P7B financing package amid Middle East conflict

The Department of Trade and Industry (DTI) is mobilizing a P7-billion financing package through the Small Business Corp. (SB Corp.) to support exporters, overseas Filipino workers (OFWs), and women-led enterprises as tensions in the Middle East threaten to ripple through global trade and employment.

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