Iloilo power row: Court stops Razon firm from seizing rival’s assets

Credit to Author: besguerra| Date: Tue, 09 Jul 2019 23:24:00 +0000

ILOILO CITY, Iloilo, Philippines — The Regional Trial Court (RTC) in Mandaluyong City has barred a power company controlled by billionaire Enrique Razon Jr. from expropriating the distribution assets of rival Panay Electric Co. (Peco) of the Cacho family.

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ERC grants Peco provisional permit to supply Iloilo power

Credit to Author: besguerra| Date: Sun, 26 May 2019 21:17:52 +0000

ILOILO CITY, Philippines — With a new franchise holder still without power distribution assets, the Energy Regulatory Commission (ERC) has granted the Panay Electric Co. (Peco) a provisional permit to continue distributing power in Iloilo City to avert disruption of power supply.

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