Business Word Online: Mabuhay Energy Earmarks Around P500million for solar, hydro projects
Business Word Online: Mabuhay Energy Earmarks Around P500million for solar, hydro projects
RETAIL electricity supplier Mabuhay Energy Corp. (MECO) has set about P500 million for this year’s capital expenditures (capex), including the budget for its solar and hydro projects. MECO Chief…
RETAIL electricity supplier Mabuhay Energy Corp. (MECO) has set about P500 million for this year’s capital expenditures (capex), including the budget for its solar and hydro projects.
MECO Chief Executive Officer and Chairman Sherwin G. Hing said the capex covers the firm’s solar farm, which is set to break ground in September in Bulacan, an 18-megawatt (MW) hydro plant in Lanao del Sur, and several embedded generation projects.
Posted on
Business World
on March 18, 2021 at 8:40 am
Read the full article here !
Could your business benefit from open access?
Businesses consuming 100 kW or more have the right to choose their electricity supplier under RCOA.
Get a free assessment →Related Articles
Mabuhay Energy Powers Metroplaza Mall, Expands Commercial Portfolio
Switching to MECO helps Metroplaza Mall better manage power consumption—one of the largest operational overheads for commercial complexes due to continuous air conditioning, intensive illumination, and high tenant energy demands.
Read more →.png)
Hi-Precision Diagnostics Partners with Mabuhay Energy to Cut Energy Overhead Across 35 Branches
The diagnostic giant transitioned the power supply of 35 facilities, comprising both standard Hi-Precision Diagnostics branches and premium Hi-Precision Diagnostics Plus centers, across NCR and CALABARZON to Mabuhay Energy Corporation (MECO). The migration allows the company to exit standard utility rates and leverage competitive retail market pricing.
Read more →
Mount Malarayat Golf & Country Club Joins Competitive Retail Market Through a Power Deal with Mabuhay Energy
Mount Malarayat successfully unlocks the "power of choice." Instead of being bound by standard, rigid utility rates, the club can now customize its energy procurement to match its specific consumption patterns. This strategic approach to the open market allows the resort to optimize its power expenditures, insulating its bottom line from unpredictable tariff hikes and unlocking financial efficiencies that can be reinvested directly back into the property.
Read more →