Alliance Global Group eyes 100-percent renewable energy use for Megaworld, Newport World Resorts; taps Meralco’s MPower

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Andrew Tan’s Alliance Global Group Inc. (AGI), through its companies Megaworld and Newport World Resorts operator Travellers International Hotel Group, has tapped MVP-led MPower of Meralco to achieve its goal of sourcing 100 percent of its power requirements from renewable energy this year.

Andrew Tan’s Alliance Global Group Inc. , through its companies Megaworld and Newport World Resorts operator Travellers International Hotel Group, has tapped MVP-led MPower of Meralco to achieve its goal of sourcing 100 percent of its power requirements from renewable energy this year.

MPower is set to supply a total of 100 megawatts of renewable energy to around 70 property developments of both Megaworld and Newport World Resorts. Leading the ceremonial signing of the landmark deal were Kevin Andrew L. Tan, chief executive officer of AGI and Manuel V. Pangilinan, chairman and CEO of Meralco .

Witnessing the signing were Lourdes T. Gutierrez-Alfonso, chief operating officer of Megaworld and Redel M. Domingo, first vice president and head of MPower.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 19. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Israeli Forces Shoot Dead Over 100 Palestinians in GazaGaza health authorities said Israeli forces shot dead over 100 Palestinians as they waited for aid delivery. Israel blamed the deaths on crowds surrounding aid trucks. At least 112 people were killed and over 280 wounded in the incident near Gaza City. The incident could jeopardize talks in Qatar for a ceasefire and the release of Israeli hostages.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

High Consumption of Ultra-Processed Foods Increases Risk of Multimorbidity, Warns Healthy Philippines AllianceThe Healthy Philippines Alliance (HPA) warns that high consumption of ultra-processed food products increases the risk of developing multimorbidity, a combination of cancer and cardiometabolic diseases. The HPA urges the public to refrain from eating unhealthy foods and opt for healthier choices to protect the heart.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Amendment to Centenarians Act provides cash perks for senior citizensThe Centenarians Act of 2016 has been amended to provide monetary perks not only to senior citizens aged 100, but also those who are 80 years old and above. Filipinos who reach the age of 80 will be given a P10,000 cash gift, and another P10,000 every five years thereafter until they reach 95. Once they cross the 100-year mark, the cash gift balloons to P100,000.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

The Shift from Global Hegemony to a Post-Hegemonic WorldAmerica's power is fading and some fear China will be the next hegemon. This article explores the drivers of geopolitical change and how the United Kingdom achieved global dominance through industrial innovations.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Labor group blames capitalists for rising pricesA CEBU-BASED labor group said that it is capitalists who refuse to reduce profit margins, and not the implementation of wage increases, that cause the rising prices of goods and services.
Source: sunstaronline - 🏆 18. / 59 Read more »

Cebu City Council Approves Budget for Garbage Collection and Street LightingThe Cebu City Council approves a resolution for the City's garbage collection and disposal program and street lighting procurement. A budget of P319 million is released, almost 100 percent of the total budget. Councilors discuss the ordinance limiting fund release.
Source: sunstaronline - 🏆 18. / 59 Read more »