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Manila Electric Co

Oscar S. Reyes , 71

Chief Executive Officer, President & Executive Director

All data provided by

139
Philippines
Asia/Pacific Rim
$5970 mil
$5186 mil
$387 mil
17%
-4.9%
Company data as of 6/8/2017 provided by S&P Global Market Intelligence

Manila Electric Company holds a congressional franchise to own, operate, and maintain a power distribution system in the Philippines. The company provides power to approximately 6 million customers in 36 cities and 75 municipalities, which include Metro Manila; the provinces of Rizal, Cavite, and Bulacan; and parts of the provinces of Pampanga, Batangas, Laguna, and Quezon. It also offers engineering, procurement, construction, and maintenance services related to power generation, transmission, and distribution, as well as industrial plants, water resources, and telecommunications; e-business development services; and e-transaction, bills payment collection, tellering, energy systems management, information technology and multi-media, financial, general, and manpower/maintenance services, as well as remittance payout and prepaid loading services. In addition, the company provides managed services, and power quality and power factor services, as well as designs, procures, and installs right-sized electrical facilities; lighting efficiency and e-vehicle leasing services, as well as heating, ventilation, and air conditioning efficiency services; holds a congressional telecommunications franchise to construct, install, establish, operate, and maintain for commercial purposes; and basic and enhanced telecommunications services in the Philippines, and between the Philippines and other countries and territories. Further, it invests in and manages commercial centers; provides non-life insurance and reinsurance services; develops, builds, owns, and operates a portfolio of power plants; retails electricity; engages in industrial facility construction and electro-mechanical works, as well as general construction business; and provides architectural and fit-out construction, and logistics management services. The company serves industrial, commercial, and residential customers. Manila Electric Company was founded in 1903 and is based in Pasig, the Philippines.
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