^
+ Follow Albay Electric Cooperative Tag
Albay Electric Cooperative
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1377929
                    [Title] => Aleco takeover issues continue to hound SMC
                    [Summary] => 

Food-to-infrastructure conglomerate San Miguel Corp., the white knight that came to the rescue of the ailing Albay Electric Cooperative, has expressed frustration over lingering issues surrounding its takeover the country’s energy chief said.

[DatePublished] => 2014-10-09 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1278037 [Title] => Albay may again lose power if co-op’s takeover is stalled [Summary] =>

Albay province may again suffer from power outages if some parties continue to block the takeover of SMC Global Power Holdings Corp. of the local electric cooperative, Energy Secretary Carlos Jericho Petilla said on Saturday.

[DatePublished] => 2014-01-13 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Nation [SectionUrl] => nation [URL] => http://imageshack.us/a/img819/6494/gen7new.jpg ) [2] => Array ( [ArticleID] => 1252372 [Title] => SMC takeover of Aleco opens new opportunities [Summary] =>

The recent takeover by conglomerate San Miguel Corp. of the operation of the Albay Electric Cooperative (ALECO) offers new business opportunities, apart from solving the province’s lingering power problem.

[DatePublished] => 2013-11-03 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1251319 [Title] => SMC takeover ng Aleco, magpapasulong sa Albay [Summary] =>

Ang takeover kamakailan ng San Miguel Corp. sa operasyon ng Albay Electric Cooperative (ALECO) ay nakikitang magbubukas ng iba pang bagong negosyo at lalong magpapasulong sa ekonomiya ng Albay, bukod sa pagiging solusyon sa problema sa kuryente ng lalawiGan.

[DatePublished] => 2013-10-31 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096558 [AuthorName] => Butch M. Quejada [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [4] => Array ( [ArticleID] => 1250860 [Title] => SMC Global inks ALECO deal, eyes PSE listing next year [Summary] =>

SMC Global Power Holdings Corp., the power generation subsidiary of diversified conglomerate San Miguel Corp. (SMC), is eyeing to list its shares on the stock exchange by the first quarter of next year, SMC president Ramon Ang said yesterday.

[DatePublished] => 2013-10-30 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 1250152 [Title] => San Miguel takes over Aleco [Summary] =>

Diversified conglomerate San Miguel Corp. formally takes over ailing Albay Electric Cooperative (Aleco), Energy Secretary Carlos Jericho Petilla said over the weekend.

[DatePublished] => 2013-10-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 1240347 [Title] => SMC needs P1B for rehab of Albay power co-op [Summary] =>

Diversified conglomerate San Miguel Corp. needs to spend P1 billion to rehabilitate and upgrade the operations of ailing Albay Electric Cooperative (Aleco), a local government official said yesterday.

[DatePublished] => 2013-10-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 1236656 [Title] => Aleco employees reject San Miguel takeover bid [Summary] =>

Union workers of Albay Electric Cooperative (Aleco) are opposing the entry of San Miguel Global Power into the cooperative, said Ko-op Movement convenor Ricardo Reyes.

[DatePublished] => 2013-09-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 1184191 [Title] => Power coops owe Napocor P4.4B as of end June [Summary] =>

Electric cooperatives (ECS) owed National Power Corp. (Napocor) P4.43 billion as of June 30, according to the state-owned power company.

[DatePublished] => 2013-09-08 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 1160941 [Title] => Lanao co-op cuts off delinquent users [Summary] =>

A total of 27 municipalities and more than 20,000 individual consumers will again suffer from power outages as the Lanao del Sur Cooperative (Lasureco) has decided to cut their respective power connections due to failure to pay their obligations.

[DatePublished] => 2013-09-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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