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MGEN eyes backdoor listing for renewable energy unit

Meralco PowerGen Corp. (MGEN) is considering a backdoor listing of its renewable energy unit next year as it prepares to develop a second mega solar park in Luzon.

MGen president and CEO Emmanuel Rubio shared that the company is currently focusing on strengthening MGen Renewable Energy, Inc. (MGreen) by acquiring more land.

In a recent conversation, Rubio emphasized the group’s commitment to expanding its renewable energy portfolio to support sustainable growth.
https://business.inquirer.net/549641/mgen-eyes-backdoor-listing-for-renewable-energy-unit

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