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AC Energy building up renewable energy portfolio with $2-B investments.

AC Energy Philippines Inc., formerly Phinma Energy Corp., is eyeing close to $2 billion or P100 billion of investment in domestic renewable energy projects, with a goal of racking up a total of 2,000 megawatts of capacity within six years.

Company president John Eric T. Francia said in a briefing the company currently had 62 MW of renewables-based generating capacity in its portfolio while its new parent firm, the Ayala group's AC Energy Inc., had 100 MW.

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Publication:Philippines Daily Inquirer (Makati City, Philippines)
Date:Sep 18, 2019
Words:108
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