NEA affirms ZAMCELCO’s EC rating improvement | Lenie Lectura

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NEA affirms ZAMCELCO’s EC rating improvement | Lenie Lectura
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The Zamboanga City Electric Cooperative (ZAMCELCO) showed improvement in its overall performance in 2022 as it achieved B rating from C in 2021.

The Zamboanga City Electric Cooperative showed improvement in its overall performance in 2022 as it achieved B rating from C in 2021.

“We’re thankful for this nod from the NEA, which further lets us know that ZAMCELCO is on the right track,” said ZAMCELCO Chief Management Officer Rommel Agan. ZAMCELCO, a joint venture between Crown Investment Holdings Inc. and Desco Inc., is currently implementing a P2.5-billion investor-manager contract .

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