SMC seeks to launch 800 MW of RE by Marchhome/Business/Corporate News/SMC seeks to launch 800 MW of RE by MarchSAN Miguel Corp. (SMC) aims to launch nine months for now the first 800 megawatts (MW) of the 1,200 MW it plans to add to its renewable energy (RE) portfolio. On the sidelines of the listed conglomerate’s annual stockholders’ meeting on Tuesday, San Miguel President and Chief Operating Officer Ramon S. Ang said the figure represented the first phase of the total. Also on Tuesday, Ang said the company targeted to break ground for its P735-billion Bulacan airport project by year-end. If there are no better offers presented, as that challenge requires, the National Economic and Development Authority would be inclined to allow San Miguel to proceed with the project. San Miguel shares increased by 20 centavos or 0.11 percent to close at P182.20 each on Tuesday.

Source: Manila Times June 11, 2019 16:19 UTC