MTerra Solar Phase 1 Now Energized and Synchronized with the Luzon Grid

Milestone achieved in less than 15 months since groundbreaking. Pasig City, Philippines – 14 February 2026 – Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has successfully completed the initial grid synchronization and energization of the MTerra Solar project – a critical achievement that confirms system readiness and safe connection […]
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Locals from General Tinio, Nueva Ecija undergo a solar panel installation training through MTerra Solar’s TERRAnsform program.

MTerra Solar Empowers Communities Through Skills, Safety, and Livelihood Programs

Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), remains steadfast in its commitment to deliver clean and reliable energy, while creating meaningful and positive impacts in the project’s host communities. Since the launch of its corporate social responsibility (CSR) initiatives earlier this year, MTerra Solar has made significant strides in uplifting the lives of residents in Nueva Ecija through skills development, community safety, and local livelihood support.
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MGEN Unit Signs Largest PH Financing Deal

MGEN unit seals Php150 billion loan agreement for MTerra Solar Project, the world’s largest integrated solar PV and battery energy storage system facility. Seen on the photo (from L-R): Metropolitan Bank & Trust Company Executive Vice President and Head of Institutional Banking Sector Mary Mylene A. Caparas; China Banking Corporation Executive Vice President and Head […]
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MERALCO POWERGEN (MGEN) UNIT MGREEN CLOSES TERRA SOLAR US$600 MILLION INVESTMENT BY ACTIS

METRO MANILA, PHILIPPINES, 17 MARCH 2025 – MGEN Renewable Energy, Inc. (MGreen), through its subsidiary SP New Energy Corporation (SPNEC), announces the closing of the acquisition by Actis Rubyred (Singapore) Pte. Ltd. through its wholly-owned subsidiary Actis Rubyred (Philippines) Holdings, Inc. (Actis) of a stake in Terra Solar Philippines, Inc. (“MTerra Solar”). The signing of […]
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