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MGEN considers minority stake in planned Semirara partnership - BusinessWorld Online

Summary by bworldonline.com
PANGILINAN-LED MERALCO PowerGen Corp. (MGEN) is considering taking a minority stake if it proceeds with a planned partnership with Consunji-led Semirara Mining and Power Corp. (SMPC) to operate the country’s largest coal mining site. “If ever, we would be taking a minority position. They (SMPC) are the ones who know the business well,” MGEN President and Chief Executive Officer Emmanuel V. Rubio said on the sidelines of the Philippine Stock Exch…

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MGEN considers minority stake in planned Semirara partnership - BusinessWorld Online

PANGILINAN-LED MERALCO PowerGen Corp. (MGEN) is considering taking a minority stake if it proceeds with a planned partnership with Consunji-led Semirara Mining and Power Corp. (SMPC) to operate the country’s largest coal mining site. “If ever, we would be taking a minority position. They (SMPC) are the ones who know the business well,” MGEN President and Chief Executive Officer Emmanuel V. Rubio said on the sidelines of the Philippine Stock Exch…

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bworldonline.com broke the news in on Tuesday, March 17, 2026.
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