Monthly Archives: June 2017

REFC extends loans to 4 Electric Cooperatives (ECs) worth Php30.2 Million

/ June 17, 2017/ 0 comments

The Board of Directors of the Rural Electrification Financing Corporation (REFC), spearheaded by its President, Engr. Gabriel Tordesillas, approved the loan applications of four (4) member-ECs during its Board meeting last May 25, 2017. The loan recipients are: Central Pangasinan Electric Cooperative, Inc., (CENPELCO); Isabela I Electric Cooperative, Inc. (ISELCO I); Nueva Vizcaya Electric Cooperative, Inc. (NUVELCO); and, Camarines Norte

Read More

SOLECO and PRESCO infuse more capital into REFC

/ June 9, 2017/ 0 comments

The Rural Electrification Financing Corporation (REFC) is intensifying its capital build-up by showcasing to the Electric Cooperatives (ECs) the advantage of being member-investors. And with a positive response from the ECs, REFC now has few remaining shares available for subscription from its approved capitalization of Php 700 Million. Two member-ECs recently infused more capital into REFC, namely: the Southern Leyte

Read More