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Raslag, Verdant take over 16-MW wind farm in Mindoro - BusinessWorld Online
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Raslag, Verdant take over 16-MW wind farm in Mindoro - BusinessWorld Online
PAMPANGA-BASED solar developer Raslag Corp. and its partner Singapore-based Verdant Philippines Alpha Pte. Ltd. have taken over a 16-megawatt (MW) wind farm in Puerto Galera, Oriental Mindoro, a move expected to diversify their renewable energy portfolio. In a regulatory filing on Thursday, Raslag said it had closed the joint acquisition of PHESI Holdings Corp., the controlling owner of Philippine Hybrid Energy Systems, Inc. (PHESI). “The acquis…
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