Exhibit 16 - Letter from Sycip Gorres Velayo & Co.
[SYCIP GORRES VELAYO & CO. LETTERHEAD]
September 7, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Commissioners:
We have read the statements made by CE Casecnan Water and Energy Co., Inc. (copy
attached), which we understand will be filed with the Commission, pursuant to
Item 4 of Form 8-K, as part of the Company's Form 8-K report dated September 7,
2000. We agree with the statements concerning our Firm in such Form 8-K. We have
no basis to agree or disagree with the Company's statements in paragraph b.
Very truly yours,
/s/ Sycip Gorres Velayo & Co.
Sycip Gorres Velayo & Co.