Meralco, 2 others seek new power supply deals

February 24, 2016

Toledo Power, a unit of Aboitiz Power, the power generation arm of the Aboitiz Group, owns and operates a 40-MW diesel-fired power plant in Toledo City, Cebu. Panay Power Corp. is owned by Global Business Power Corp. of the Metrobank Group. It owns and operates a 72-MW diesel-fired power plant in La Paz, Iloilo City.