Green energy group hopeful Meralco will exit Atimonan coal project enablePagination: false endIndex: Metro Manila (CNN Philippines, April 30) — The Power for People Coalition (P4P) is optimistic the proposed coal-fired power plant of the Manila Electric Company in Atimonan, Quezon will not push through. This, as an energy consortium pulled out from financing the 660-megawatt Subic coal project which is under Redondo Peninsula Energy Inc. (RP Energy). It is a joint venture between Meralco’s generation arm Meralco PowerGen, Aboitiz Power Corporation, and Taiwan Cogeneration Corp. "We hope the shelving of the Subic project means Meralco is finally starting to see sense and would soon have more coal cancellations to announce," Gerry Arances, convenor of P4P, said in a statement.