Ayala-Backed AC Energy To Invest $274 Million In Philippine Solar, Wind Energy Projects
AC Energy\’s windmills in Bangui. Ilocos Norte in northern Philippines. Flickr Vision AC Energy—a unit of billionaire Jaime Zobel de Ayal’s Ayala Corp.—is investing 14 billion pesos ($274 million) to fund the solar and wind energy projects of two subsidiaries as the Philippines’ oldest conglomerate continues to deepen its investments in renewable energy. The company will inject …
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