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MGen, Saudi firm team up for RE projects in Phl
The Philippine Star
|June 05, 2025
Saudi Arabia's ACWA Power is making a foray into the Philippine green energy market through a strategic partnership with tycoon Manuel V. Pangilinan's Meralco PowerGen Corp. (MGen).
The agreement between the two companies involves the exploration and development of renewable energy (RE) projects, particularly solar, in the Philippines and other countries in Southeast Asia.
Further details of the deal such as financing, target capacity and project scope were not immediately made available.
MGen is the power investment arm of industry giant Manila Electric Co., while ACWA Power is the world's largest private water desalination company and the first mover into green hydrogen.
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The Philippine Star
Deadlock on DPWH budget stalls bicam
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The Philippine Star
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The Philippine Star
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The Philippine Star
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The Philippine Star
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The Philippine Star
Nats barely get past gutsy Viets
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2 mins
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The Philippine Star
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1 mins
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