EGCO Pays $375M For Stake In Philippines Energy Project
The deal means EGCO will gain a 98 percent ownership interest in the Quezon Power Project, which began operations in May 2000. It consists of a 460-megawatt coal-fired electric generating facility and a 31-kilometer transmission line in Mauban, Philippines.
The project was originally built by an international consortium that included Ogden Energy Group, Inc.,...
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