Meralco
Meralco is the largest private sector electric distribution utility company in the Philippines covering 36 cities and 75 municipalities.
See below for the Latest Meralco News, Analysis, Profit Results, Share Price Information, and Commentary.
UK’s Actis to invest $600m in PH’s Terra Solar project
The investment firm will take a controlling interest of 40%.
UK’s Actis to invest $600m in PH’s Terra Solar project
The investment firm will take a controlling interest of 40%.
Meralco increases stake in SP New Energy for $133.32m
This involves 5.8 billion shares.
Meralco to sustain strong financial performance amidst heavy investments
The company is projected to maintain a ratio of FFO to debt of up to 45% over the next two years.
Meralco eyes increasing stake in SP New Energy
The possible transaction will still go through a review.
Meralco’s core net income jumps 21% in H1
Thanks to higher sales volumes of the distribution utility.
Meralco plans micro-nuclear power plants for remote areas by 2028
It will be deployed in one of the island provinces.
Philippines’ Meralco, Aboitiz, San Miguel launch $3.3b LNG facility
The partnership will contribute over 2,500 MW of generation capacity once fully operational.
Spectrum surpasses 50-MW solar capacity, eyes bright future for RE in Philippines
Spectrum’s COO discusses growth, partnerships, challenges and future plans in reshaping Philippines’ clean energy landscape.
Meralco breaks into the Philippines’ solar industry with SpectrumÂ
Spectrum has an installed capacity of more than 50 megawatts throughout the country.
Meralco core net income up 10% YoY in 2022
Its energy sales were boosted by the recovery of business and public confidence.
Philippines’ Meralco posts 20% net income growth in first nine months
Its reported net income stood at P19.8b (US$341m).
Philippines’ Meralco core income climbs 15% in first half
The company recorded a net income of P12.1b during the period.
Higher generation costs push Philippine April rates up
Meralco reported the overall rate for a household went up to P10.18 per kWh from P9.64.
Philippines’ Meralco net income climbs 13% in 2021
This was driven by energy sales volumes that nearly hit its pre-pandemic levels.
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