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
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