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AboitizPower targets year-end financial close for P36-B CBK deal - BusinessWorld Online
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AboitizPower targets year-end financial close for P36-B CBK deal - BusinessWorld Online
ABOITIZ POWER Corp. (AboitizPower) hopes to complete the P36-billion acquisition of the 797-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) by the end of the year. “The CBK acquisition is currently being evaluated by the PCC (Philippine Competition Commission); we still expect for financial close to happen at the end of November or early December,” AboitizPower Chief Financial Officer Juan Alejandro “Sandro” A. Abo…
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