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Meralco’s MSpectrum enters solar venture with Japanese firms
The Philippine Star
|June 26, 2026
MSpectrum Inc., a subsidiary of Manila Electric Co. (Meralco), has formed a joint venture with two Tokyo-based firms to accelerate the solar adoption of Japanese businesses in the Philippines.
The Meralco unit will establish MSpectrum Taiyo Inc. with Tokyo Century Corp. and JFE Engineering Corp. (JFEE) to jointly build, own and operate ground-mounted and rooftop solar projects for industrial facilities.
Under their joint venture agreement, MSpectrum will take a majority stake of 60 percent, while Tokyo Century and JFEE will hold 30 percent and 10 percent, respectively.
Meralco chairman and CEO Manuel V. Pangilinan said the strategic partnership is built not only on trust but also on shared commitment to innovation and sustainable growth.
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