Aboitiz Equity plans hydro purchase

5 September 2005


According to reports, Aboitiz Equity is interested in Napacor’s hydro facilities in Benquet, Nueva Ecija and Cagayan, with a view to developing a further project in the southern region of Davao, depending on the outcome of a feasibility study.

In July, the company announced an agreement with Norway’s SN Power Invest AS to jointly bid for and construct hydroelectric projects in the Philippines.




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