Japanese Energy Company JERA Invests $1.58 Billion in Philippines Power Utility
The investment will help the expansion of renewable energy in the Philippines
September 29, 2021
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Japanese energy company (JERA) has entered into a share purchase agreement with Aboitiz Equity Ventures and Aboitiz & Company to purchase around 27% of the outstanding shares of Aboitiz Power Corporation (Aboitiz Power) for $1.58 billion.
