Meralco Eyes Albay for Possible Investment in Local Power Utility

Meralco eyes Albay for possible investment in local power utility

MANILA, Philippines — Manila Electric Co., is keeping its target of expanding outside Metro Manila and nearby provinces, with Albay as its latest focus. Speaking to reporters last week, Arnel Casanova, senior vice president and head of strategic distribution utility partnerships at Meralco, said that local government executives in Albay had approached the company to beef

Meralco explores Albay power partnership

Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is weighing options to expand its footprint nationwide, with Albay emerging as the latest province seeking the power giant’s intervention to improve its electricity supply.In an interview, Arnel Casanova, Meralco senior vice president and head of strategic distribution utility (DU) partnerships, said municipal officials from Albay have sought the company’s partnership to address growing cons…