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Meralco PowerGen Eyes 1,500 MW Expansion in Malaysia

9/22/2025

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Summary

Story summary

Meralco PowerGen Corp. (MGEN) plans to expand into Malaysia to address increasing electricity demand from data centers.
The company aims to develop power plants with a capacity of up to 1,500 megawatts (MW) by 2028.
Malaysia targets 8,000 MW of capacity to establish itself as a Southeast Asian hub for data centers.
MGEN seeks a local partner for its Malaysian expansion.
The company currently has over 5,000 MW of net sellable capacity from various energy sources.

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Story summary

Meralco PowerGen Corp. (MGEN) plans to expand into Malaysia to address increasing electricity demand from data centers.
The company aims to develop power plants with a capacity of up to 1,500 megawatts (MW) by 2028.
Malaysia targets 8,000 MW of capacity to establish itself as a Southeast Asian hub for data centers.
MGEN seeks a local partner for its Malaysian expansion.
The company currently has over 5,000 MW of net sellable capacity from various energy sources.