In the photo (L-R): VITRO REIT Inc Chief Commercial Officer, Gary F. Ignacio; VITRO REIT Inc President and CEO,Victor S. Genuino; MGEN & PLDT Chairman Manuel V. Pangilinan; MGEN President and CEO Emmanuel V. Rubio;MGEN Project Development and Execution Head Ashvind Gobinathan
30 September 2026 — Meralco PowerGen Corporation (MGEN) and VITRO REIT, Inc. (VITRO), a subsidiary of ePLDT within the PLDT Group, have formalized their strategic collaboration through a Memorandum of Understanding (MOU) for the joint feasibility study and development of a sustainable, power-enabled digital infrastructure proposition in the Philippines.
The collaboration combines MGEN’s expertise in power generation and supply, including renewable energy, with VITRO’s capabilities in data center development, operations, connectivity, and engagement with hyperscalers and other prospective locators.
“This collaboration reflects the growing convergence between the energy and digital infrastructure sectors. Power is increasingly becoming a critical factor in where and how data centers are developed. By bringing together our respective capabilities, we can explore solutions on how reliable, cost-competitive, and sustainable power can be integrated into the development of digital infrastructure,” MGEN President and CEO Emmanuel V. Rubio shared.
Under the MOU, MGEN and VITRO will conduct joint technical and commercial studies to assess potential sites, power generation capacity, renewable energy resources, connectivity requirements, data center specifications, and commercial structures.
MGEN will identify potential sites for data center developments integrated with power generation facilities, as well as evaluate potential power supply arrangements. VITRO will lead data center design and site studies, connectivity planning, and engagement with prospective hyperscalers and other locators.
The MOU provides a framework for the parties’ joint feasibility study and development of a sustainable, power-enabled digital infrastructure proposition in the Philippines.
VITRO REIT, Inc. President and CEO Victor S. Genuino said the collaboration provides an opportunity to create a more integrated proposition for prospective data center locators.
“Improving the cost and reliability of power is one of the key objectives of this collaboration, as energy remains a decisive factor in attracting hyperscale and AI investments to the country. VITRO is committed to working closely with the energy sector to help secure ample, stable, sustainable, and affordable energy for the digital infrastructure that supports the Philippines’ digital economy,” Genuino said.
The collaboration underscores the importance of integrating power and connectivity considerations into data center site selection as the Philippines aims to respond to the growing demand for digital and high-density computing infrastructure.
The partnership signing between Meralco PowerGen Corporation (MGEN) and VITRO REIT, Inc. brings togetherexpertise in power generation, data center development, and connectivity to support the country’s growing digitalinfrastructure needs.
About Meralco PowerGen Corporation (MGEN)
Meralco PowerGen Corporation (MGEN) is shaping the future of energy with a growing portfolio of diversified energy solutions across the Philippines and Southeast Asia. From thermal and liquefied natural gas (LNG) to solar and battery energy storage — with nuclear energy among the technologies being explored for the future — it is delivering reliable power to drive progress across industries, communities, and economies.
In addition to its generation portfolio, MGEN also has a retail electricity supplier company that provides tailored energy solutions for qualified contestable customers.
MGEN operates through key subsidiaries, MGEN Thermal Energy, Inc. (MGEN Thermal) and MGEN Renewable Energy, Inc. (MGEN Renewables). The company also has investments in LNG-to-power facilities in the Philippines through Chromite Gas Holdings, Inc. (CGHI), which holds a majority stake in LNGPH — an integrated LNG facility in Batangas — and in Singapore through PacificLight Power (PLP) Pte. Ltd.
In addition, MGEN has interests in SP New Energy Corporation (SPNEC), a publicly listed renewable energy company.
As of July 2026, MGEN’s portfolio represents a combined net saleable capacity of 5,069.7 megawatts (MW) from both traditional and renewable sources, and Battery Energy Storage Systems (BESS) with a capacity of 56.4 MWh.
With a mission of powering a better tomorrow, MGEN anchors all its efforts in addressing the energy trilemma.
Guided by this purpose, the company envisions to be the leader in the Philippines’ transition to a secure, affordable, and sustainable energy future, while fueling economic growth by meeting the region’s energy requirements.
To know more about MGEN and its subsidiaries, please visit mgen.com.ph and follow MGEN on LinkedIn.
Contact:
JACQUELINE GOROSPE
Corporate Communications and Branding Head
Meralco PowerGen Corporation (MGEN)
+639189793173
jsgorospe@mgen.com.ph
Atty. CHRISTER A. GAUDIANO
Sustainability, Communications, & External Affairs Head
Meralco PowerGen Corporation (MGEN)
+639399351297
cjragaudiano@mgen.com.ph
