Meralco eyes Albay for possible investment in local power utility

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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 up Albay Electric Cooperative (Aleco).

READ: Meralco eyes more investments in electric cooperatives

A member-owned distribution utility, Aleco delivers electricity to three cities and 15 towns in Albay.

Meralco eyes Albay for possible investment in local power utility

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