Romero-owned power firm acquires Digos solar plant for P1.5 B – EQ Mag Pro
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Romero-owned power firm acquires Digos solar plant for P1.5 B.
Romero-owned Fort Pilar Energy Inc. has acquired the 40-megawatt solar power facility that is sited in Digos, Davao del Sur in a merger and acquisition (M&A) transaction worth P1.5 billion.
According to the buyer-firm, the facility acquisition was from Alterpower Digos Solar Inc. (ADSI), which is a joint venture between Alterpower Specialist Inc., a company affiliated with businessman Alberto Espiritu; and Hanwha Global Asset Corporation of the Hanwha Group of South Korea.
Source: mb
