Meralco PowerGen to take over Global Business Power Corp.
By Jon Viktor D. Cabuenas | GMA News Meralco PowerGen Corporation (MGen), a wholly-owned generation subsidiary of the Manila Electric Co. (Meralco), is set to fully acquire and take over Global Business Power Corporation (GBP), a leading power producer outside...
Meralco PowerGen absorbs, buys out 100 pct of Global Business Power
By ABS-CBN News MANILA - Meralco's power generation firm PowerGen Corp (MGen) has acquired 100 percent ownership of Global Business Power Corp (GBP) in a move to organize the group's power assets. MGen signed agreements with JG Summit Holdings and Beacon...
MGen poised to take full control of Vis-Min power producer
By RONNEL W. DOMINGO | Philippine Daily Inquirer Meralco PowerGen Corp. (MGen) signed agreements with a firm under the Manuel Pangilinan-led group as well as JG Summit to fully own Global Business Power Corp. (GBP), for a combined transaction worth about P34.4...