The Energy Regulatory Commission (ERC) has cited Yuchengco-led MGI for outstanding operational performance in the Geothermal Generation category, according to a report by Philstar Biz.
In selecting MGI, the ERC highlighted the company’s “significant contribution to the stability, adequacy, and resilience of the Philippine power system.” The recognition underscores MGI’s role in maintaining reliable geothermal energy generation, which is a key component of the country’s renewable energy mix.
The citation comes as the Philippines continues to prioritize renewable energy sources to meet growing demand while reducing carbon emissions. Geothermal power remains a stable baseload source, and MGI’s operational performance is seen as a benchmark for the industry.