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NEA Fuels 45 Co-ops with PHP2.8B in Loans
16 Jan
Summary
- NEA facilitated PHP2.8 billion in loans for 45 electric cooperatives in 2025.
- PHP1.7 billion funded capital expenditures for 34 cooperatives, mainly in Luzon.
- PHP142.4 million allocated for climate change adaptation and typhoon recovery.
The National Electrification Administration (NEA) successfully facilitated approximately PHP2.8 billion in state-funded loans during 2025, directly benefiting 45 electric cooperatives (ECs) across the Philippines. These loans aimed to bolster the energy sector's capacity and resilience, supporting both operational needs and infrastructure improvements.
The bulk of the funds, amounting to PHP1.7 billion, was dedicated to capital expenditures for 34 ECs. Luzon-based cooperatives received the largest share, with 15 ECs benefiting, followed by Mindanao (11) and the Visayas (8). This investment is crucial for modernizing power distribution and enhancing service reliability.
Further financial support included PHP956 million for the working capital of 11 ECs and PHP142.4 million for climate change-related projects. The latter funded the rehabilitation of energy infrastructure damaged by Super Typhoon Odette in 2021, aiding facilities in Bohol and Surigao del Norte, underscoring efforts to strengthen the energy sector against climate impacts.
