MGen, Saudi Firm Team up for Solar Development - BusinessWorld Online

MGen, Saudi Arabian firm team up for renewable energy ventures

MANILA, Philippines — The power generation arm of Manila Electric Co. (Meralco) is strengthening its renewable energy buildup not just in the local market but across Southeast Asia, as it has joined forces with Saudi Arabia-based ACWA Power. Top executives Meralco PowerGen Corp. and ACWA Power sealed the pact to explore and develop renewable energy

MGen, Saudi firm team up for solar development - BusinessWorld Online

MERALCO POWERGEN CORP. (MGen), the power generation subsidiary of Manila Electric Co. (Meralco), has entered into a partnership with Saudi Arabia-based energy developer ACWA Power to jointly explore solar power development opportunities in the Philippines and across Southeast Asia. “This partnership marks a notable step forward in our goal to expand MGen’s renewable energy footprint by leveraging ACWA Power’s global expertise and cost leadership…