After seven years of dispute, two factions fighting over control of the Davao del Norte Electric Cooperative (Daneco) have put an end to their bickering.
The factions–Daneco-National Electrification Association (Daneco-NEA) and the Daneco-Cooperative Development Authority (Daneco-CDA)– wrote finis to the squabble with the signing of a Memorandum of Agreement on Unification and Reconciliation in Tagum City on November 14.
The reconciliation was brokered by former Compostela Valley Province Governor Arturo Uy and his son, incumbent Gov. Jayvee Tyron Uy.
Daneco serves about 200,000 electric consumers in Davao del Norte and Compostela Valley.
The conflict, which sometimes led to violence, started in 2012 when the Daneco management split into two, with each group insisting over the electric form’s operations, including the collection of monthly dues.
This resulted in confusion among consumers and caused huge damage to the cooperative.
Under Thursday’s resolution, both parties agreed to merge under the Northern Davao Electric Cooperative (Nordeco) Inc. (with PNA report)