MERALCO PowerGen Corp. (MGen) is raising P40 billion to finance the expansion of its 460-megawatt San Buenaventura coal power plant in Mauban, Quezon.

“We are raising about P40 billion from the debt market," MGen SVP for commercial development Angelito U. Lantin told reporters.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details