Nordeco urged to block Davao Light’s takeover of assets

MANILA, Philippines — Northern Davao Electric Cooperative, Inc. (Nordeco) still has a fighting chance to reclaim its franchise areas from a unit of Aboitiz Power Corp., according to the Philippine Rural Electric Cooperatives Association, Inc. (Philreca). In a statement, Philreca said on Friday that Nordeco “has the right” to pursue a temporary restraining order against