EC-LGUGC Accounts

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PROJECTS GUARANTEED: OUTSTANDING ACCOUNTS

ELECTRIC COOPERATIVE – LGU GUARANTEE CORP.

camelco
Camiguin Electric
Cooperative, Inc.

(CAMELCO)

Proponent: Camiguin Electric Cooperative, Inc. (CAMELCO)

Project: Construction of 10 kms 13.2 kV submarine cable

Loan Amount: PHP 80,000,000.00

Initial Release Date: November 12, 2013

Term: Ten (10) Years

Participating Financial Institution: Bank of the Philippine Islands

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luelco
La Union Electric
Cooperative, Inc.
(LUELCO)

Proponent: La Union Electric Cooperative, Inc.(LUELCO)

Project: Rehabilitation, upgrading and reconductoring of existing distribution lines

Loan Amount: PHP 82,356,000.00

Initial Release Date: June 20, 2013

Term: Ten (10) Years

Participating Financial Institution: Philippine National Bank

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buseco
Bukidnon Second Electric
Cooperative, Inc.
(BUSECO)

Proponent: Bukidnon Second Electric Cooperative, Inc.(BUSECO)

Project: Installation of 5 MVA substation at DMPI and construction of 69 kV double circuit line, rehabilitation of over-extended secondary line, relocation of 5 MVA and 10 MVA transformers

Loan Amount: PHP 170,386,000.00

Initial Release Date: June 7, 2013

Term: Ten (10) Years

Participating Financial Institution: Philippine National Bank

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moresco2
Misamis Oriental II
Electric Service
Cooperative, Inc.
(MORESCO II)

Proponent: Misamis Oriental II Electric Service Cooperative, Inc. (MORESCO II)

Project: Installation of 5 MVA S/S, reconductoring of backbone lines, procurement of kilowatt-hour meter, procurement of engineering software and load logger

Loan Amount: PHP 80,000,000.00

Initial Release Date: November 21, 2012

Term: Ten (10) Years

Participating Financial Institution: Bank of the Philippine Islands

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