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PCC clears A Brown-Alternergy wind project investment
Summary by bworldonline.com
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1 Articles
PCC clears A Brown-Alternergy wind project investment
A BROWN CO., Inc., through its subsidiary ABC Energy, Inc., has secured approval from the Philippine Competition Commission (PCC) for its P2.4-billion co-investment deal with renewable energy developer Alternergy Holdings Corp. In a regulatory filing on Tuesday, Alternergy said the PCC cleared the proposed acquisition by ABC Energy of a 40% equity stake in each of two subsidiaries developing wind energy projects with a combined capacity of 192 m…
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