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Japanese Energy Company JERA Invests $1.58 Billion in Philippines Power Utility

The investment will help the expansion of renewable energy in the Philippines

September 29, 2021

/ Staff
/ Finance and M&A, Other
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Japanese energy company (JERA) has entered into a share purchase agreement with Aboitiz Equity Ventures and Aboitiz & Company to purchase around 27% of the outstanding shares of Aboitiz Power Corporation (Aboitiz Power) for $1.58 billion.

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Staff

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Aboitiz PowerJERAM&APhilippinesShare Purchase
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