Manila Electric Co
MERVF
Other OTC8.25
USD
- -
- -
ISIN
PHY5764J1483
CUSIP
Y5764J148
Return %
Stock
S&P500
1Y
-15.82
19.01
3Y
54.21
65.48
5Y
54.21
72.20
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Manuel Velez Pangilinan
- Full Time Employees
- 5,815
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- Lopez Building, Meralco Center, Ortigas Avenue Pasig MM Philippines 1605
- IPO Date
- Feb 19, 2013
- Website
- meralco.com.ph
- Similar Companies
- Business
- Manila Electric Co. (MERALCO) engages primarily in the generation, distribution, and retail supply of electricity in the Philippines, operating through Power and Other Services segments to serve a broad customer base across Metro Manila and adjoining provinces. Founded in 1903 and headquartered in Pasig City, MERALCO functions as a vertically integrated electric utility with extensive investments in generation capacity, grid infrastructure, and customer-facing energy services. Main products and services - Electricity distribution: maintains and operates the electricity distribution network in its franchised areas, delivering power to residential, commercial, and industrial customers; manages service connections, metering, billing, and customer support. - Power generation: develops, finances, builds, owns, and operates generation facilities, including coal-fired, diesel-fired, natural gas/LNG, and renewable assets where applicable; procures energy to meet forecast demand and maintains a diversified generation portfolio. - Retail electricity supply: provides retail energy procurement and supply options to end users, including tariff planning, price optimization, and energy management services for commercial and industrial customers. - Renewable energy development and integration: pursues solar and other renewables projects; integrates renewable capacity into the grid to support reliability and decarbonization goals. - Energy services and solutions: offers energy management, distributed energy resources integration, and system optimization services to customers seeking enhanced efficiency and reliability. - Electrification and infrastructure services: participates in related electrical infrastructure projects, including engineering, procurement, construction, and maintenance services tied to power delivery and grid modernization. - Electric vehicle (EV) and charging infrastructure solutions: develops and deploys EV charging networks and related services to support transportation electrification. - Information technology and digital services: provides e-business development, information technology, telecommunications, and multichannel billing and customer engagement platforms. - Engineering, procurement, construction (EPC) services: offers EPC capabilities for energy projects and related facilities, including project development and workflow management. - Telecommunication and tower infrastructure: constructs and leases communication towers and related telecom infrastructure as part of broader connectivity and utility-related services. - Insurance and risk management services: provides insurance and re-insurance services as part of risk mitigation for projects and operations. - Rail and transport-related services: delivers maintenance and related services for rail systems and transportation networks where applicable. Geographic operations - Core operations in the Philippines, with a service footprint spanning Metro Manila and multiple provinces including Rizal, Cavite, Bulacan, Pampanga, Batangas, Laguna, and Quezon; operations extend to areas such as the Clark Freeport Zone and various municipal jurisdictions within these regions. - The company maintains regional generation, distribution, and service capabilities to meet localized demand and reliability standards across its franchise areas. Founding year and headquarters - Founded in 1903; headquarters located in Pasig City, Metro Manila, Philippines. Subsidiaries and corporate relationships - Operates within a parent–subsidiary framework linked to the broader JG Summit Holdings group structure, with strategic affiliations and joint considerations with related entities in energy, infrastructure, and financial services.