Tag: Meralco

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MGreen early listing plans counts SPNEC as backdoor option

MGen Renewable Energy Inc. (MGreen),  the green energy arm of Meralco PowerGen Corp. (MGen), is exploring the possibility of a public listing, with key advisors recently retained to guide the process, its listed affiliate, SP New Energy Corp. (SPNEC) told the Philippine Stock Exchange. 

Meralco reduces power rates for June bill

Manila Electric Co., the country’s largest power distributor better known as Meralco, announced on Wednesday a reduction in electricity rates, lowering charges by P0.1076 per kiloWatt-hourin June, the second rate reduction in as many months.

DHL, MSpectrum partner for solar training center

MSpectrum, Inc., the solar energy arm of Meralco, has completed a 120-kilowatt peak (kWp) rooftop solar project for DHL Supply Chain, powering the logistics...

Meralco cuts May rates amid power supply stability

Manila Electric Co., the country’s largest power distributor by sales, announced on Tuesday a significant reduction in electricity rates for May, lowering the overall rate to P2.2628 per kiloWatt-hour from P13.0127 in April. 

Meralco Q1 income up 9% to P10.45B

Manila Electric Co. (Meralco), the country's largest power distribution company, posted a 9 percent increase in net income for the first quarter, reaching P10.45 billion, driven by a rise in electricity sales between January and March.

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Manila Water named among Top 10 firms in ATRAM sustainability fund

Manila Water has been included in the Top 10 companies of the ATRAM Philippine Sustainable Development and Growth Fund after a review of firms based on sustainability performance.

SUVs, house-and-lot properties top loan choices of Filipinos — Metrobank

Filipino borrowers continue to prioritize practical, family-focused purchases, with sports utility vehicles (SUVs) and house-and-lot properties leading loan preferences, according to Metrobank.

Megaworld sustains growth as townships drive stability

Property giant Megaworld Corporation posted a 6 percent rise in net income in the first quarter of 2026, reaching P6.2 billion from P5.8 billion a year earlier, supported by steady gains across its leasing, hotel, and residential businesses.

Philex flags recovery path as Silangan nears launch

Philex Mining Corporation (PSE: PX) opened 2026 with a weaker first-quarter performance but pointed to improving operations ahead, as restoration works at its Padcal mine progress and its long-delayed Silangan project moves closer to production.

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