AESI and ISELCO II MOA Signing for Power Factor Correction
Friday, November 7, 2008
AESI and ISELCO II MOA Signing for Power Factor Correction
Aboitiz Energy Solutions, Inc. (AESI) continues to lengthen the list of its clients as it adds ISABELA II ELECTRIC COOPERATIVE (ISELCO II) for power factor business.
On February 07, 2008, The Memorandum of Agreement (MOA) was signed which covers a 3-1/2 years period. The installation was completed last February 25, 2008 and after the installation, AESI will maintain the capacitor banks on a monthly basis to ensure the reliability of the equipment. Present in the MOA signing were Engr. Aaron O. Berin - AESI General Manager and Mr. Joel Mari Martin M. Bigornia - President of the Board of Directors of ISELCO II. Also present in the MOA signing was Engr. Ernesto T. Cubangbang - OIC-General Manager of ISELCO II as witness signatory.
ISELCO II has an average of 7.3 Million KWh monthly sales with 22MW average peak load per month.
ISELCO II is engaged in power distribution to several towns of Isabela Province, including Naguillan, San Mariano, Ilagan, Cabagan, Munoz, Tumauni, Delfin Alabano, Roxas and Malllig.