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Home>Manila Electric Unit Acquires 49% Stake in Coal Power Project

Manila Electric Unit Acquires 49% Stake in Coal Power Project

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Wed, 29 Jun 2016

By Cris Larano MANILA--Manila Electric Co. (MER.PH) said Wednesday its power generation unit has acquired a 49% stake in Mariveles Generation Corp., a local company that will develop a 600-megaWatt coal-fired power plant north of the Philippine capital. Meralco, as the power generation company is
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