Tag: smc
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SMC, ACEN units advance in Meralco RE supply bid
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THE UNITS of San Miguel Corp. (SMC) and ACEN Corp. will undergo post-qualification evaluation after Manila Electric Co. (Meralco) identified their bids as the most competitive for a 500-megawatt (MW) renewable energy (RE) supply contract. San Roque Hydropower, Inc. (SRHI), Gigasol3, Inc., and Santa Cruz Solar Energy, Inc. (SCSEI) submitted…
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CREC, SMC power arm to boost solar capacity with 153.5-MW plant in Bataan
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CITICORE Renewable Energy Corp. (CREC) has formed a joint venture with SMC Global Light and Power Corp. (SGLP), the power arm of San Miguel Corp. (SMC), to build a 153.5-megawatt (MW) solar power plant in Mariveles, Bataan, the Saavedra-led solar power company said on Monday. CREC and SGLP recently signed an…
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SMC firm on double-digit growth target for 2024 — Ramon Ang
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SAN MIGUEL Corp. (SMC) President and Chief Executive Officer Ramon S. Ang said the conglomerate is sticking to its double-digit growth target for the year despite economic uncertainties. “As you can see in the first quarter results of San Miguel Group, we are growing double-digit on revenue and operating income,”…