Socoteco II Gives Nod to Ignite Power Tie-Up

Socoteco II gives nod to Ignite Power tie-up

MANILA, Philippines — More than 32,000 member-consumer-owners (MCOs) of South Cotabato II Electric Cooperative (Socoteco II) have backed the latter’s proposed conditional joint venture deal with Razon-Pacquiao-backed Ignite Power aimed at beefing up its distribution network. The show of approval happened at the power cooperative’s 43rd annual general membership assembly over the weekend. Socoteco II board

Socoteco II members endorse conditional joint venture with IGNITE

South Cotabato II Electric Cooperative Inc. (Socoteco II) gained backing from its member-consumer-owners for the proposed conditional joint venture agreement...