Monthly Archives: April 2018

LEYECO V first to avail REFC’s Leasing Service Facility

Admin/ April 16, 2018/ Uncategorized/ 0 comments

The Rural Electrification Financing Corporation (REFC) showcases its new product, the leasing service facility, with the Leyte V Electric Cooperative, Inc. (LEYECO V) as the first member investor to avail the lease of 2 units of Manlifts with 17 meters and 28 meters operating heights to ease their maintenance work for both distribution and transmission lines. “This is a new

Read More

SOCOTECO II is REFC’s 102nd Investor, ISELCO I invests anew

Admin/ April 14, 2018/ Uncategorized/ 0 comments

The Southern Cotabato II Electric Cooperative, Inc. (SOCOTECO II) becomes the 102nd member-investor of the Rural Electrification Financing Corporation (REFC), the financial arm of the Philippine Electric Cooperatives (ECs), with an initial investment of Php5 Million. In its Board Resolution (BR) No. 73, Series of 2017, the SOCOTECO II Board cited the fact that most ECs countrywide are already member-investors

Read More

Php 80.4 M loans approved by REFC Board

Admin/ April 13, 2018/ Uncategorized/ 0 comments

The Rural Electrification Financing Corporation (REFC) Board of Directors approved Php80.4 Million worth of loans applied by four (4) Electric Cooperatives (ECs) during its January 2018 regular board meeting. “As part of REFC’s commitment to the ECs’ progress, the Board approved the loans of four member-investors. It is our way of saying that we are starting this year 2018 with

Read More