Manila Electric Company
Pasig, Metro Manila Philippines
(Philippine: MER)

Company Description

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.

Lopez Bldg., 2nd Fl., Meralco Center, Ortigas Avenue	Phone: +63-2-632-2222	http://www.meralco.com.ph
Pasig, Metro Manila 0300	Fax: +63-2-632-8501	Map This Company
Philippines

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Executives

33 executives listed for Manila Electric Company's Pasig, Metro Manila location.
Chairman and CEO	Manuel Lopez	E-mail
Vice Chairman	Ramon Ang	E-mail
SVP and COO	Oscar Reyes	E-mail

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Financials

Company Type	Public - Philippine: MER Headquarters
Fiscal Year-End	December
Employees	7,193

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Manila Electric CompanyPasig, Metro Manila Philippines (Philippine: MER)