(Agence France Presse) — Top Philippine conglomerate San Miguel Corp said Tuesday it has bought the Masinloc power plant for $1.9 billion, adding to its burgeoning electricity generation assets. San Miguel unit SMC Global Power Holdings acquired the equity stake held by AES Philippines and Thailand’s EGCO group in Masin-AES, an SMC statement said. The deal involves the 630-megawatt coal-fired power plant, a 355-megawatt coal-fired unit still under construction and a 10-megawatt battery storage plant. […]