According to separate statements by the firms, the Philippine Competition Commission (PCC) has approved the joint acquisition of two power facilities and a liquified natural gas (LNG) terminal by Meralco PowerGen (MGen), Therma Natgas Power (TNGP), a unit of Aboitiz Power, and San Miguel Global Power (SMGP). The transaction involves the acquisition by MGen and … Continue reading Trio gets OK for $3.3 billion LNG-to-power deal in Philippines