• APEC shuts down electricity in Albay


    LEGAZPI CITY: The San Miguel Corporation-Albay Power and Energy Corporation (SMIC-APEC) disconnected power connections to six Albay towns after a labor unrest led to chaos on Thursday. Hazel Morallos, APEC spokesperson, said the APEC management had to temporarily shut down the power transformers in the Malinao and Karangahan, Tabaco sub-stations to protect the lives of the people working there. She added that the substations were ransacked by a number of former Albay Electric Cooperative (Aleco) employees, who are on strike. The disconnection affected the towns of Sto. Domingo, Bacacay, Malilipot, Tabaco, Malinao and Tiwi. Power was restored only after the town mayors intervened in the labor dispute. The San Miguel Corporation took over the ailing Albay Electric Cooperative, Inc. on February 26, 2014 thru a concession agreement between Aleco and SMC Global Power Holdings Corporation. Aleco is saddled with almost P4 billion in debts.


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