Meralco, a cornerstone of Filipino communities for over a century, is dedicated to illuminating the present and shaping a brighter energy future for the Philippines. Our commitment is to be the nation's "tagapaghatid ng liwanag" (light bearer), providing affordable, reliable electricity that empowers homes, businesses, and uplifts communities.
We are more than an electric utility; we are partners in progress. Through our subsidiaries and affiliates, we deliver innovative and responsive energy solutions, focusing on a balanced and diverse energy mix to meet today's needs while supporting the country's climate action goals. Our orange logo symbolizes the synergy within our Group, as we move forward creating meaningful impact, supporting the energy transition, and bettering lives in every community we serve.
Guided by the strategic vision of our shareholders, we continue to deliver excellent and innovative energy solutions while contributing to sustainable development. As we progress, we acknowledge the invaluable support of these key stakeholders.
One Meralco continues to strengthen our commitment to powering the good life for all by driving meaningful and inclusive growth through our different businesses. The Group recognizes that sustainable progress can be achieved only through active collaboration across all our areas of expertise, including power generation and distribution, engineering, mobility, telecommunications, and financial services.
Meralco is the premier electric distribution utility in the Philippines. Headquartered in Pasig City, the Company provides energy to Metro Manila, Bulacan, Cavite, and Rizal, as well as parts of the provinces of Batangas, Laguna, Pampanga, and Quezon. Meralco’s franchise area spans about 9,685 square kilometers, reaching over 8 million residential, commercial, and industrial customers across 39 cities and 72 municipalities.
Through a franchise granted by the Clark Development Corporation, Clark Electric distributes power within the Clark Special Economic Zone (“CSEZ”), the site of the former U.S. Clark Air Base. This site was transformed into a major economic district encompassing the Clark Freeport Zone and adjoining subzones. Clark Electric plays a critical role in transforming the CSEZ into a leading powerhouse for industry, aviation, export business, and higher learning.
MEP is a Meralco business unit responsible for the administration and maintenance of the electric distribution network within the Cavite Economic Zone (“CEZ”). MEP offers CEZ tenants a suite of electrical services—including service applications, meter readings, billing, payments and collection, technical assistance, and complaint resolutions— while prioritizing the integration of renewable energy sources such as rooftop solar installations within the CEZ.
Shin Clark is responsible for the financing, development, operation, and maintenance of a smart electric distribution system within the 9,450-hectare New Clark City (“NCC”) through a joint venture agreement (“JVA”) with the Bases Conversion and Development Authority (“BCDA”). It collaborates with the BCDA to achieve its vision of showcasing the NCC as the first metropolis in the Philippines to integrate smart, sustainable, and disaster-resilient attributes.
Corporation (“MGEN”)
MGEN is committed to addressing the nation’s growing energy needs by building a diverse power generation portfolio geared toward providing reliable and cost-competitive power supply to its customers. Leveraging a mix of advanced, highly efficient, and more sustainable technologies, MGEN and its subsidiaries operate a total net sellable capacity of 2,437.2 MW utilizing coal, liquefied natural gas, diesel, and solar technologies. This diverse portfolio enables MGEN to supply base, intermediate, peak load, and ancillary power while ensuring energy security and affordability.
MGreen is the RE arm of MGEN. It is dedicated to investing in and developing clean, sustainable, and efficient energy projects, playing a pivotal role in the country’s transition to a low- carbon future. As a key driver of MGEN’s vision for a balanced and diversified power generation portfolio, MGreen plays a vital role in advancing renewable energy solutions while ensuring long- term energy security.
MThermal is one of the leading independent power producers in Visayas and Mindanao, providing flexible energy solutions to supply base, intermediate, peak load, and ancillary services. MThermal plays a crucial role in addressing the growing energy demands connecting businesses and communities.
PLP owns an 830 MW liquefied natural gas-fired (“LNG”) power plant in Jurong Island, Singapore. PLP commenced commercial operations in February 2014,making it the first power plant in Singapore to be completely fueled by LNG. PLP is owned by FPM Power Holdings Limited, an established regional company combining the joint expertise of MGEN and First Pacific Company Ltd. It is the largest Clean Development Mechanism (CDM) project in Singapore registered under the United Nations Framework Convention on Climate Change.
MPower is Meralco’s local retail electricity supply (“LRES”) unit that serves contestable customers, (end-users with at least 500 kW demand) including the country’s top corporations, within the Company’s franchise area. Lauded for its best-in-class service and reliable and stable power supply, MPower has established lasting partnerships with its customers and enjoys a market share of over 21% of the country’s total Competitive Retail Electricity Market (“CREM”) in MW demand. MPower also manages a diversified supply portfolio and is actively increasing the share of solar and wind energy sources to complement traditional sources of power.
Vantage Energy is Meralco’s first ffiliate RES, which operates in Luzon and the Visayas. Established in 2017, it supplies energy to contestable markets where Retail Competition and Open Access (“RCOA”) is in effect. In recent years, the Company’s retail portfolio has grown, ably serving the energy needs of over 100 CREM end-users. Adhering to its mission to provide stable, reliable, and quality electricity service, Vantage Energy is recognized as an emerging RES of choice in the CREM nationwide.
MGEN RES offers a range of competitive service options and flexible schemes that are tailored according to the unique power requirements of businesses. MGEN RES sources electricity from diversified power generation facilities—allowing MGEN the flexibility to provide customers with the best-value energy solutions. Behind MGEN RES are experienced industry professionals who are committed to provide innovative services and excellent customer support.
MIESCOR is Meralco’s oldest subsidiary. With its own subsidiaries MIESCOR Builders, Inc. (“MBI”) and MIESCOR Logistics Inc. (“MLI”), MIESCOR’s services include engineering, procurement, and construction (“EPC”) of electromechanical works; designing, building, and maintaining telecommunication infrastructures; utility attachment management; distribution utility services; and trading of electrical supplies and equipment. The PCAB places MIESCOR in the highest AAAA category for general engineering building, foundation work, structural steelwork, electrical work, mechanical work, and communication facilities.
One of the country’s largest electromechanical contractors, MSERV is Meralco’s wholly owned subsidiary dedicated to providing after-the-meter energy services to commercial and industrial customers. The company offers efficient electric load management and energy efficiency solutions. Additional services include energy auditing; EPC of mechanical, electrical, plumbing, and fire protection (“MEPF”) facilities; operation and maintenance (“O&M”) of customer- owned establishments; smart building and streetlight management; wastewater treatment; and hyperscale data center solutions.
Established in 2016 as part of Meralco’s thrust to promote renewable energy solutions, MSpectrum provides affordable and safe solar energy products and services. MSpectrum is a market leader in the industry with a total installed capacity of 80 MW across multiple solar projects nationwide.
As Meralco’s sustainable mobility arm, Movem provides the highest value end-to-end electric vehicle (“EV”) and charging solutions, purposely designed and tailored-fit to align with its clients’ sustainability and operational goals. Movem’s mission is to help spur the adoption of electric mobility in the Philippines.
Radius focuses on developing an end-to-end fiber optic network that provides dedicated internet access, global networking, and cloud services across Metro Manila and its nearby provinces.
Initially introduced as Meralco’s centralized bills payment channel, Bayad has steadily grown and expanded its financial services while also strengthening its commitment t sustainability practices by introducing innovative approaches to billing, optimizing internal operations, and improving workflows.
