M
Manila Electric Company
Manila Electric Company (Meralco) is the largest electric power distribution company in the Philippines, serving a vast customer base across Metro Manila and surrounding provinces. The company is actively expanding its portfolio into power generation, particularly renewable energy, retail electricity supply, electric vehicle charging infrastructure, and digital infrastructure including hyperscale data centers.
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Strategic Overview
- Meralco is committed to supporting the Philippines' energy transition goals by investing in renewable energy generation through its subsidiary MGen.
- The company is diversifying its business beyond traditional electricity distribution into new growth areas like digital infrastructure (data centers) and e-mobility (EV charging).
- Meralco aims to enhance grid reliability and efficiency through continuous modernization and smart grid technologies.
Deal History (3)
Korea Hydro & Nuclear Power, Export-Import Bank of Korea, and Manila Electric Company sign MoU for nuclear power plant development in the Philippines
Korea Eximbank, KHNP, and Meralco partner on Philippine nuclear energy projects
South Korea to cooperate with the Philippines on nuclear power projects
Deal Activity from Public Sources
Commercial operation of 50MWac BulacanSol solar power plant in San Miguel, Bulacan
Energization of 68MWac Santa Cruz Solar Farm in San Marcelino, Zambales
Announcement of plans to develop hyperscale data centers in the Philippines
Expansion of electric vehicle charging network across Meralco's franchise area
Investment Focus
Technologies
Nuclear3
Geography
Philippines3
Key People
Manuel V. Pangilinan
Chairman
Ronnie L. Aperocho
President and CEO
Betty C. Siy-Yap
SVP and CFO
Track Record
121
Years Active
Notable projects: BulacanSol Solar Power Plant (50MWac), Santa Cruz Solar Farm (68MWac), Development of Hyperscale Data Centers
Detailed Analysis
Sectors
Technologies
Geographies
Deal Stage
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