MORESCO 1
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| Private | |
| Traded as | PSE: MER and MERB |
| Industry | Power distributor |
| Founded | 1968 |
| Headquarters | Laguindingan, Misamis Oriental, Philippines |
|
Key people
|
Emmanuel Pelaez, (Founder) |
The name "Moresco" is an acronym for Misamis Oriental 1 Rural Electric Service COoperative, which was the company's original name up to present.
History
The Misamis Oriental 1 Rural Electric Service Cooperative, Inc. (MORESCO-1) pioneered the country’s rural electrification program in 1968. The following year, the National Electrification Administration (NEA) was formed.
