Manila Electric Co

This article is part of the Ownership Project at Global Energy Monitor which includes ownership data on Coal Plants, Oil and Gas Plants, Bioenergy Plants, Coal Mines, Iron and Steel Plants, Iron Ore Mines, Cement and Concrete, Chemicals, Oil and NGL Pipelines, and Gas Pipelines,

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Manila Electric Co is a legal entity registered in Philippines, with headquarters in National Capital Région (Manila), Philippines.

This entity is publicly listed, and it is not the result of a joint venture.

Also known as: Meralco

Table 1: Organization identifiers

ID Scheme	Code	ID data source
Global Energy Monitor (GEM)	E100000000813	–
Global Legal Entity Identifier Index	254900RDFLCM12O8SK69	​
PermID: Refinitiv Permanent Identifier	4295886268	​

Ownership Structure

Direct Ownership

Table 2: Direct ownership

Entity	Percentage / Percentage range
Beacon Electric Asset Holdings	35.0
JG Summit Holdings	29.6
Metro Pacific Investments	10.5
small shareholder(s)	25.0

Ultimate Beneficial Ownership

Table 3: Ultimate beneficial ownership

GEM ID	Entity	Country
E100000123261	natural persons	N/A
E100001015587	small shareholders	N/A
E100001010595	The Vanguard Group	United States
E100001015833	Blackrock Advisors	United States
E100001016257	Asahi Mutual Life Insurance	Japan
E100002001974	member/employee owned	–
E100002022069	Metro Pacific Holdings	Philippines
E100002022070	GT Capital Holdings	Philippines

Intermediate Entities

Manila Electric has 22 intermediate entities, which can be found here.

Direct Subsidiaries

Table 4: Direct subsidiaries

GEM ID	Entity	Country/Area
E100001000601	Meralco Powergen	Philippines

Asset Ownership

Manila Electric owns 34 assets, which can be found here.

Articles and Resources

Additional data

To access additional data, including a downloadable dataset, summary data, and interactive tools, please visit the Global Energy Ownership Tracker on the Global Energy Monitor website.