Manila Electric Company

Manila Electric Company

Manila Electric Company (Meralco) is the largest utility in the Philippines, providing power to 4.6 million customers in 29 cities (including metropolitan Manila) and 82 municipalities. As deregulation takes effect, Meralco is reducing its dependence on state-owned National Power Corp. (Napocor) by increasing the amount of power it purchases from independent power producers. Meralco has prepared for greater competition by moving into nonregulated activities, including energy, e-commerce, and real estate. In 2008 Philippine conglomerate San Miguel Corp. acquired the Philippine government's 27% stake in Meralco, and raised that to 48% in 2009. Metro Pacific Investments boosted its stake to 20% soon after that.

Contact Details

Office Address

Manila Electric Company
Hagonoy Mall,Poblacion
Bulacan, Hagonoy, USA 0300
Phone: (63 44) 667-1494

Executives

Chairman and CEO

Manuel M. Lopez

President, COO, and Director

Jose (Ping) de Jesus

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