6 months Meralco explores offshore wind power projects MB |Biz
By Myrna M. Velasco On target of beefing up its investments on renewable energy, power utility giant Manila Electric Company (Meralco) is widening the base of its project blueprints to include offshore wind power generation. Ray C. Espinosa(Photo source: from https://www.meralco.com.ph) Meralco Deputy Chief Executive Officer (CEO) Ray C. Espinosa indicated that many of the company’s lenders have broached investment proposition on offshore wind, hence, this is now being considered in their prospective ventures. “I was with some bankers the other week, and they’re saying there’s a lot of development in offshore wind and they are encouraging us to look ... more