THE Energy Regulatory Commission (ERC) has set for next month the hearing for Aboitiz-led Visayan Electric Co., Inc’s (VECO) application for its capital expenditure projects for 2016 and 2017, the regulator said in an order. VECO is seeking approval for a budget totaling at least P2.334 billion, which it said would not have a direct…
Tag: Visayan Electric
AEV: VECO to post growth in 2016
Aboitiz Equity Ventures, Inc. (AEV) expects its subsidiary, Visayan Electric Co., Inc. (VECO), to post a 5.3% sales growth this year because of the “robust growth in the economy” and other factors including increased electricity consumption amid the extended warm weather. VECO, the country’s second-largest privately owned distribution utility, is undertaking various expansion projects this year,…
Winnergy Holdings Corp. 