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Manila Electric Co

Ray C. Espinosa , 63

President & CEO

All data provided by

141
Philippines
Asia/Pacific Rim
$6485 mil
$5872 mil
$444 mil
19%
5.6%
Company data as of 9/9/2019 provided by S&P Global Market Intelligence

Manila Electric Company, together with its subsidiaries, holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines. It offers power to approximately 6.5 million industrial, commercial, and residential customers in 36 cities and 75 municipalities, including Metro Manila; the provinces of Rizal, Cavite, and Bulacan; and parts of the provinces of Pampanga, Batangas, Laguna, and Quezon. The company also provides engineering, procurement, construction, and maintenance services related to power generation, transmission, and distribution, as well as industrial plants, water resources, and telecommunications; industrial facility construction, electro-mechanical, architectural, and fit-out construction works; and facilities and logistics management services, as well as general construction services. In addition, it designs, procures, operates, and maintains electrical facilities and equipment; offers preventive maintenance and safety audit, equipment repair, and power quality and energy audit; and provides energy efficiency services. Further, the company 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. Additionally, it invests in and manages commercial centers; develops, builds, owns, and operates a portfolio of power plants; and retails electricity. The company also provides electro-mechanical consulting and related manpower, e-transaction, bills collection, telecom, rail-related operations and maintenance, insurance and reinsurance, e-business development, power distribution and energy systems management, renewable energy, and information system/technology and consultancy services. Manila Electric Company was founded in 1903 and is based in Pasig, the Philippines.
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