Tuesday, April 28, 2020

in the news: MER/MANILA ELECTRIC COMPANY

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28 APR 2020
Meralco core net income up 2% to P5.7B in first quarter
https://www.bworldonline.com/meralco-core-net-income-up-2-to-p5-7b-in-first-quarter/


01 APR 2020
Meralco says electricity supply steady during Luzon lockdown
https://www.bworldonline.com/meralco-says-electricity-supply-steady-during-luzon-lockdown/



02 MER 2020
SBPL expected to bring in over P1B to Meralco in 2020
https://businessmirror.com.ph/2020/03/02/sbpl-expected-to-bring-in-over-p1b-to-meralco-in-2020/



29 JAN 2020
Meralco unit Spectrum to double its installed power capacity this year
https://www.bworldonline.com/meralco-unit-spectrum-to-double-its-installed-power-capacity-this-year/



11 NOV 2019
DoE won’t approve Meralco’s terms for selection process
https://www.bworldonline.com/doe-wont-approve-meralcos-terms-for-selection-process/



04 NOV 2019
MGen to swing to profit in 2020
https://www.bworldonline.com/mgen-to-swing-to-profit-in-2020/



30 OCT 2019
Meralco facing fresh hurdles in power-supply deals via CSP
https://businessmirror.com.ph/2019/10/30/meralco-facing-fresh-hurdles-in-power-supply-deals-via-csp/



29 OCT 2019
Meralco 9-month income up 7.6%
https://www.manilatimes.net/2019/10/29/business/companies/meralco-9-month-income-up-7-6/651815/



27 SEPT 2019
Meralco cleared to start operations of Quezon plant
https://www.philstar.com/business/2019/09/27/1955191/meralco-cleared-start-operations-quezon-plant



26 SEPT 2019
MGen eyeing LNG to fuel power plant
https://www.bworldonline.com/mgen-eyeing-lng-to-fuel-power-plant/



29 AUG 2019
ERC approves Meralco’s withdrawal of 3 PSAs
https://www.bworldonline.com/erc-approves-meralcos-withdrawal-of-3-psas/



08 JUN 2019
Meralco eyes green energy projects
https://business.inquirer.net/272139/meralco-eyes-green-energy-projects



05 MER 2019
Meralco eyes 1,000 MW of RE plants
https://www.manilatimes.net/meralco-eyes-1000-mw-of-re-plants/564716/



29 MAY 2019
Meralco willing to undergo competitive selection process to allow Atimonan construction to start
https://www.bworldonline.com/meralco-willing-to-undergo-competitive-selection-process-to-allow-atimonan-construction-to-start/



30 APR 2019
Meralco’s first-quarter profit climbed to P5.7 billion
http://manilastandard.net/business/corporate/293533/meralco-s-first-quarter-profit-climbed-to-p5-7-billion.html



03 JAN 2019
Meralco cleared to extend corporate life by 50 years
Read more at https://www.philstar.com/business/2019/01/03/1881761/meralco-cleared-extend-corporate-life-50-years#6mJUWY0d4xRKJaLf.99



03 JAN 2019
SMC-Meralco consortium investing P99b in coal plant
http://manilastandard.net/business/power-technology/284389/smc-meralco-consortium-investing-p99b-in-coal-plant.html



05 NOV 2018
Meralco Powergen in ‘serious’ talks with renewable energy developers
https://www.bworldonline.com/meralco-powergen-in-serious-talks-with-renewable-energy-developers/



30 OCT 2018
Meralco core profit up 11% in Q3
https://www.bworldonline.com/meralco-core-profit-up-11-in-q3/



04 OCT 2018
Cusi defends CEPNS given to Atimonan coal power plant
https://www.bworldonline.com/cusi-defends-cepns-given-to-atimonan-coal-power-plant/



22 AUG 2018
Meralco seeks to raise power generation cost
http://www.bworldonline.com/meralco-seeks-to-raise-power-generation-cost/



30 JUL 2018
Meralco says consolidated core net income up 7% in H1
http://www.gmanetwork.com/news/money/companies/662357/meralco-says-consolidated-core-net-income-up-7-in-h1/story/



02 MAY 2018
Meralco Q1 profit rises 10% due to ‘unusually’ strong energy sales
http://bworldonline.com/meralco-q1-profit-rises-10-due-to-unusually-strong-energy-sales/



23 APR 2018
Meralco a step closer to bagging Ghana power deal
https://www.rappler.com/business/200832-meralco-ghana-electricity-company-bidding



27 FEB 2018
Higher electricity sales drive Meralco’s profit
http://bworldonline.com/higher-electricity-sales-drive-meralcos-profit/



10 JAN 2018
Meralco to invest in 2 wind farms
http://bworldonline.com/meralco-invest-2-wind-farms/



20 DEC 2017
Meralco creates unit to set up charging stations for e-vehicles
http://bworldonline.com/meralco-creates-unit-set-charging-stations-e-vehicles/



18 DEC 2017
MGen eyes wind energy projects
http://bworldonline.com/mgen-eyes-wind-energy-projects/



28 NOV 2017
MGen finalizes loan for Atimonan project
http://bworldonline.com/mgen-finalizes-loan-atimonan-project/



27 NOV 2017
Meralco sees slower growth in sales on improving technologies
Read more: https://business.inquirer.net/241520/meralco-sees-slower-growth-sales-improving-technologies#ixzz4zZslA0h2
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02 NOV 2017
Meralco prepaid customers seen to hit 100 K by year-end
http://www.philstar.com/business/2017/11/02/1754645/meralco-prepaid-customers-seen-hit-100-k-year-end



30 OCT 2017
San Buenaventura plant on track to start operations by mid-2019
http://bworldonline.com/san-buenaventura-plant-track-start-operations-mid-2019/



19 OCT 2017
Meralco mulls purchase of up to 100MW additional solar capacity
http://bworldonline.com/meralco-mulls-purchase-100mw-additional-solar-capacity/



18 OCT 2017
Meralco’s sales growth seen below 5% in 2017
http://bworldonline.com/meralcos-sales-growth-seen-5-2017/



09 OCT 2017
PLDT’s chartered airline business takes off
http://bworldonline.com/pldts-chartered-airline-business-takes-off/



08 OCT 10`7
Meralco vying for contract in Ghana
http://business.inquirer.net/238114/meralco-vying-contract-ghana



02 OCT 2017
Meralco renews interest in gas sector
http://www.philstar.com/business/2017/10/02/1744517/meralco-renews-interest-gas-sector



28 SEPT 2017
Meralco sees electricity demand growing by nearly 5% this year
http://bworldonline.com/meralco-sees-electricity-demand-growing-nearly-5-year/



26 SEPT 2017
Singson moves to Meralco
http://bworldonline.com/singson-moves-meralco/



21 SEPT 2017
Meralco registers surprise spike in demand in Q3
http://www.philstar.com/business/2017/09/21/1741036/meralco-registers-surprise-spike-demand-q3



19 SEPT 2017
Mrail to conduct freight train feasibility study
http://bworldonline.com/mrail-conduct-freight-train-feasibility-study/



03 AUG 2017
Meralco net income down 9.6% in Q2
http://www.gmanetwork.com/news/money/companies/620565/meralco-net-income-down-9-6-in-q2/story/



31 JUL 2017
Meralco evaluates bids challenging Citicore offer
http://www.bworldonline.com/content.php?section=Corporate&title=meralco-evaluates-bids-challenging-citicore-offer&id=149010



25 JUL 2017
MGen tapping BPI, PNB for P100-B loan to fund Quezon power project
http://www.philstar.com/business/2017/07/25/1721095/mgen-tapping-bpi-pnb-p100-b-loan-fund-quezon-power-project



05 JUL 2017
ERC defers action on Meralco 'midnight deals'
http://news.abs-cbn.com/business/07/04/17/erc-defers-action-on-meralco-midnight-deals



05 JUL 2017
Meralco defends power supply deals
http://www.philstar.com/business/2017/07/05/1716376/meralco-defends-power-supply-deals



04 JUL 2017
House resumes probe on Meralco power deals
http://news.abs-cbn.com/business/07/04/17/house-resumes-probe-on-meralco-power-deals



29 JUN 2017
Mga kontratang pinasok ng Meralco, kinuwestiyon
http://news.abs-cbn.com/video/business/06/28/17/mga-kontratang-pinasok-ng-meralco-kinuwestiyon



23 JUN 2017
S&P raises Meralco rating to BBB-
http://www.bworldonline.com/content.php?section=Corporate&title=s&p-raises-meralco-rating-to-bbb-&id=147185



05 JUN 2017
Meralco earmarks P18 B for capex
http://www.philstar.com/business/2017/06/05/1706694/meralco-earmarks-p18-b-capex



31 MAY 2017
Meralco expands overseas
http://www.philstar.com/business/2017/05/31/1705119/meralco-expands-overseas



31 MAY 2017
Japan’s Densan System invests in Meralco’s Bayad Center
http://www.bworldonline.com/content.php?section=Corporate&title=japans-densan-system-invests-in-meralcos-bayad-center&id=145997



18 MAY 2017
Meralco JV river hydro project breaks ground in Quezon
http://www.bworldonline.com/content.php?section=Economy&title=meralco-jv-river-hydro-project-breaks-ground-in-quezon&id=145404



06 MAY 2017
Meralco signs 10-year power agreement with Sem-Calaca
http://www.bworldonline.com/content.php?section=Corporate&title=meralco-signs-10-year-power-agreement-with-sem-calaca&id=144768




27 APR 2017
Meralco Powergen seeks financing for coal-fired plant
http://www.bworldonline.com/content.php?section=Corporate&title=meralco-powergen-seeks-financing-for-coal-fired-plant-&id=144358




25 APR 2017
Meralco Q1 profit up 6% despite slower energy sales
http://www.bworldonline.com/content.php?section=Corporate&title=meralco-q1-profit-up-6&37-despite-slower-energy-sales&id=144218




11 APR 2017
Meralco customers to pay more
http://www.bworldonline.com/content.php?section=TopStory&title=meralco-customers-to-pay-more&id=143623



16 MAR 2017
Meralco transforming network into smart grid
http://www.philstar.com/business/2017/03/16/1681468/meralco-transforming-network-smart-grid



10 MAR 2017Dagdag-singil ng Meralco ngayong Marso, lumobo
http://news.abs-cbn.com/video/business/03/09/17/dagdag-singil-ng-meralco-ngayong-marso-lumobo



07 MAR
from COLFINANCIAL as of 07 mar 2017
"We have a BUY rating on MER with a FV estimate of Php334.4/sh. Fundamentally, we like MER since it will be the main beneficiary of rising power demand in the country brought about by faster GDP growth. Despite the negative impact of a looming distribution tariff cut in the next regulatory period, MER’s long term profit outlook remains bright with the expansion of its power generation portfolio. In addition, MER is an attractive dividend play with a projected cash dividend of Php14.50/sh in 2017E, implying a dividend yield of 5%."


07 MAR 2017
Meralco eyes 2nd DU partner in Nigeria
http://www.philstar.com/business/2017/03/06/1678280/meralco-eyes-2nd-du-partner-nigeria



05 MAR 2017
Meralco, Densan in talks for Bayad Center stake
http://www.philstar.com/business/2017/03/05/1677962/meralco-densan-talks-bayad-center-stake



28 FEB 2017
Meralco posts higher profit in 2016
http://www.bworldonline.com/content.php?section=Corporate&title=meralco-posts-higher-profit-in-2016&id=141362



23 FEB 2017
Meralco likely hit P19-B profit target in 2016 – MVP
http://www.philstar.com/business/2017/02/23/1674768/meralco-likely-hit-p19-b-profit-target-2016-mvp



06 FEB 2017
Pure Energy allots P7.2B for 9 projects with Meralco
http://www.bworldonline.com/content.php?section=Corporate&title=pure-energy-allots-p7.2b-for-9-projects-with-meralco&id=140139



26 JAN 2017
Meralco aims to triple prepaid electricity subscribers
http://news.abs-cbn.com/business/01/25/17/meralco-aims-to-triple-prepaid-electricity-subscribers



16 JAN 2017
Spectrum to build up solar portfolio
http://beta.philstar.com/business/2017/01/16/1662566/spectrum-build-solar-portfolio



15 JAN 2017
Meralco powers Robinsons malls with solar rootops
http://www.philstar.com/business/2017/01/15/1662664/meralco-powers-robinsons-malls-solar-rootops



10 JAN 2017
Meralco sets launch of solar power unit