Tag: National Grid Corporation of the Philippines
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Maharlika Investment Corporation Acquires 20% Stake in National Grid Corporation of the Philippines
In a strategic move to bolster its influence over the nation’s power grid, the Maharlika Investment Corporation (MIC) has committed PHP19.7 billion to secure a 20% stake in the National Grid Corporation of the Philippines (NGCP). The deal, signed in the presence of President Ferdinand R. Marcos Jr., was formalized with Synergy Grid and Development…
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Maharlika Investment Corporation Secures Major Stake in National Grid, Eyes Further Expansion
In a strategic move to bolster its influence over the nation’s power infrastructure, the Maharlika Investment Corporation (MIC) has committed PHP19.7 billion to acquire a 20% stake in the National Grid Corporation of the Philippines (NGCP). The transaction was formalized in a ceremony attended by President Ferdinand R. Marcos Jr. at Malacañang on January 27,…
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Maharlika Investment Corporation Secures 20% Stake in National Grid Through Deal with Synergy Grid
In a significant move to enhance governmental oversight of the nation’s power infrastructure, the Maharlika Investment Corporation (MIC) has finalized an agreement with Synergy Grid and Development Philippines Inc. (SGP). The deal, signed in the presence of President Ferdinand R. Marcos Jr. at Malacañang, allows MIC to acquire a 20% stake in the National Grid…
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