Nuclear energy deal

President Ferdinand Marcos Jr. (fifth from left) witnesses the signing of a cooperative agreement between executives of Manila Electric Company (Meralco) and Ultra Safe Nuclear Corp. (USNC) for a pre-feasibility study on the potential deployment of micro-modular reactor (MMR) energy systems in the Philippines. With the president are (from left) Pilipinas Global Network president and CEO Ernesto Sta. Maria Jr., Meralco PowerGen-Global Business Power executive vice president and COO Dominador Camu Jr., USNC EVP for global strategy Roland Backhaus, Meralco EVP and COO Ronnie Aperocho, USNC founder and CEO Dr. Francesco Venneri, USNC senior advisor Ambassador John Bohn and Vesticom Inc. CEO Ramon Jose Cruz.