News
23 April 2025

MGEN closes $2.6bn MTerra Solar financing

In:
Power, Renewables
Region:
Asia-Pacific

Meralco PowerGen Corp. (MGen) has closed a PHP150 billion ($2.65 billion) financing to support its 3.5GW MTerra Solar project with 4.5GW of battery storage in Luzon. The loan deal was backed by the country’s major lenders: BDO Unibank, Security Bank Corp, China Banking Corp, Philippine...

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