Solidarity in the time of COVID-19 -- MS Supplement

GBP remits energy fund to Iloilo

One with Iloilo City in its battle against COVID-19 pandemic, Global Business Power Corporation (GBP) facilitated the immediate remittance of P15.32 million to the city government through Mayor Jerry Trenas to further boost and support its response during this state of public health emergency.

In photo are (from left) GBP community relations associate Raulyn Armada, external affairs officer Myra Riza Montelijao, and community relations officer Michael Guanco, Iloilo City mayor Jerry P. Treñas and executive assistant for power Mr. Randy Pastolero.
The amount represents Energy Regulations 1-94 (ER 1-94) Program funds, or the share of Iloilo City from the electricity sales of GBP subsidiaries, Panay Energy Development Corporation and Panay Power Corporation.

The Department of Energy had issued Department Circular No. 2020-04-00080 allowing utilization of ER1-94 funds for COVID-19 response to help local government units in their fight against the pandemic, in accordance with the Bayanihan to Heal as One Act.

Projects include access to protective personal equipment (PPEs) for frontliners, essentials and mass testing.

Topics: Global Business Power Corporation , Jerry Trenas , COVID-19 , Iloilo City , Panay Energy Development Corporation , Panay power Corporation
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