AES Courtesy Call with President Aquino

Global power company AES pays courtesy call on President Aquino. The AES Corporation President and CEO Andrés Gluski (middle) with AES Asia SBU President Scott Kicker (left) paid a courtesy call on President Benigno Aquino III at the Malacañang Palace on Wednesday, June 4, 2014. During the call, Gluski expressed AES’ interest in investing in […]

Pampanga Electric Coop’s Performance Cited by NEA

For consistently improving its operational and financial metrics, the Pampanga I Electric Cooperative (PELCO I) has been cited by the National Electrification Administration (NEA) as a concrete example of how utilities should be raising the bar when it comes to overall performance. The electrification agency had gone as far as labeling the electric cooperative as […]

PELCO I Distributes Relief Goods to 3 towns

RELIEF-GIVING. PELCO I General Manager Engr. Loliano Allas personally hands over a pail of relief goods to flood victims. CANDABA, Pampanga – The Pampanga I Electric Cooperative, Inc. (PELCO I) has distributed yesterday some pails of relief goods to victims of recent flooding in the towns of Candaba and Arayat. On Wednesday, PELCO I likewise […]

Power Producer Donates Building to Electric Coop

MOA SIGNING. PELCO I GM Loliano Allas (extreme left) alongside Board President Nicomedes Pelayo signs with Chrysogonus Herrera, Vice-President for Commercial Affairs, and Gonzalo Julian, Jr. (extreme right) of AES Philippines a memorandum of agreement on the building donation. Witnessing the event are Mexico Mayor Roy Manalastas, Arayat Vice-Mayor Ramon Changcoco and other local officials […]

AES Philippines Refinances $500 million Non-Recourse Debt from Local Banks

AES Philippines Refinances $500 million Non-Recourse Debt from Local Banks AES Philippines, a subsidiary of The AES Corporation (AES: NYSE), announced that it has closed a refinancing of its outstanding $500 million long-term non-recourse debt facility. A consortium of local banks in the Philippines, including Bank of the Philippine Islands (BPI), Rizal Commercial Banking Corporation […]