“We’re looking to build over 1,500 megawatts (MW) of attributable capacity to AC Energy for financial close by 2020. That’s where we’ll deploy the billion dollars,” AC Energy President and Chief Executive Officer Eric Francia said. “A fourth will be Philippines, a fourth Australia, a fourth Vietnam, [and] a fourth India and Myanmar,” Francia told reporters. And then we also are doing stock rights offering at the AC Energy Philippines level,” he added. AC Energy is the energy platform of Ayala, one of the largest business groups in the Philippines.

Source: Manila Times December 08, 2019 16:27 UTC