Ayala-Led JV To Build $220M Wind Farm In Philippines
Ayala subsidiary AC Energy Holdings Inc. will be the majority equity partner of the venture, supplying roughly 64 percent of the capital for the 81-megawatt wind farm. The project will be in the Philippines coastal province of Ilocos Norte, Ayala said.
The venture's minority partners include the Philippine Investment Alliance for Infrastructure, or PINAI, fund,...
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