Month: June 2017

Month: June 2017

REFC extends loans to 4 Electric Cooperatives (ECs) worth Php30.2 Million
June 17, 2017 News and Events Admin

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,
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SOLECO and PRESCO infuse more capital into REFC
June 9, 2017 News and Events Admin

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
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