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Manila Electric Company
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Overview

Description

Manila Electric Company is a leading utility provider specializing in the distribution and sale of electric power. Known locally as MERALCO, the company plays a crucial role in delivering electricity to residential, commercial, and industrial consumers, primarily within the Philippines. As an established market participant with a history dating back to 1903, Manila Electric Company operates extensive infrastructure to ensure reliable energy delivery to its customer base. Its operations are integral to the development and daily functioning of one of Southeast Asia’s largest metropolitan areas. With thousands of employees and significant annual revenue, the company is recognized for its central position in the country’s energy sector and its impact on economic activity and growth. Shares of Manila Electric Company are accessible to U.S. investors through over-the-counter trading, reflecting the company's international reach and the global interest in utility sector investments.

About

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Instrument type
Common stock
Sector
Industry
Country
Philippines
MIC code
XPHS
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