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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