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| Name | Symbol | Market | Type |
|---|---|---|---|
| Aboitiz Power Corporation (PK) | USOTC:ABZPY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 12.67 | 9.95 | 17.38 | 0.00 | 21:02:10 |
From Jul 2019 to Jul 2024
By Cris Larano
MANILA--Aboitiz Power Corp. said Wednesday its unit Aboitiz Renewables Inc. has formed a joint venture with U.S. solar-technology manufacturer SunEdison Inc. to build and operate up to 300 megawatts solar-power-generation projects in the Philippines over the next three years.
The joint venture aims to develop the first in a series of utility-scale solar-power projects in the Philippines starting in 2015.
SunEdison has similar arrangements in China and India.
The Philippines has recently approved a Feed-In-Tariff system that allows a higher price for electricity generated from renewable-energy sources such as solar and wind to spur investments in the sector.
Write to Cris Larano at cris.larano@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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