Business
Socoteco II Members Approve Conditional Joint Venture with Ignite Power
Over 32,000 member-consumer-owners of South Cotabato II Electric Cooperative (Socoteco II) have backed a proposed conditional joint venture with Ignite Power, aimed at strengthening its distribution network. While the board has approved, a plebiscite among members is now being called for final approval.
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The 32,000 member-consumer-owners of South Cotabato II Electric Cooperative (SOCOTECO II) have approved a proposed joint venture with Ignite Power, paving the way for a partnership aimed at modernizing the cooperative's aging distribution system.