 | |
| Company type | Public |
|---|---|
| Industry | Power distributor |
| Founded | 2018 |
| Headquarters | MORE Power Corporate Center, Quezon Street, City Proper, Iloilo City, Philippines |
Key people | Roel Z. Castro, President and CEO |
| Owner | Enrique K. Razon |
| Parent | Prime Strategic Holdings, Inc. |
| Subsidiaries | Primelectric Holdings, Inc. |
| Website | www |
MORE Electric and Power Corporation, also known as MORE Power, is an electric power distribution company in the Philippines. It has been serving Iloilo City since 2019, following its controversial takeover of the private firm Panay Electric Company (PECO) as the city's sole power distributor.[1]
The name "MORE" is an acronym for Monte Oro Resources & Energy, Inc.,[2] a subsidiary of Prime Strategic Holdings, Inc. (formerly known as Prime Metroline Holdings, Inc.) of billionaire Enrique Razon.[3]
- ^ "MORE ELECTRIC v. PANAY ELECTRIC COMPANY". lawyerly.ph. Retrieved August 4, 2022.
- ^ "Monte Oro changes name, raises capital base to P1b". Manila Standard. October 4, 2018. Retrieved August 4, 2022.
- ^ "About Us « MORE Power". MORE Power. Retrieved August 4, 2022.
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