Nickel Asia ventures into renewable energy
Nickel Asia Corp is all set to diversify into the power business through the acquisition of a controlling stake in a local renewable energy firm. In a statement, Nickel Asia said that it has opted to provide a $12.6 million loan directly to Emerging Power Inc (EPI) instead of the latter's project company developing the Montelago geothermal power project in Occidental Mindoro. Under the terms of the loan agr ...
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