San Miguel power arm set to go on expansion binge

Quick Summary:

SAN Miguel Global Power Holdings Corp.(SMGP) is embarking on an expansion binge with at least P87 billion already set aside for thermal and gas projects.

One of the BESS projects was inaugurated in March 2023 in Limay, Bataan.“We have entered into EPC (engineering, construction, procurement) contracts with ATE Energy and we target to complete our 320MWh BESS project in Mariveles in 2025,” it added.

As part of its transition to cleaner energy sources, SMC Global Light and Power Corp.(SLGPC), is developing a portfolio of solar power projects together with potential partners.

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Article Details

Author / Journalist: Lenie Lectura

Category: BusinessStartups

Markets: Philippines

Topics: Plant Mariveles Power Project Completion Projects Unit Energy Capacity Smgp Corp

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-23 @ 16:01:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 836 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 26354871

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