Alsons Invests $72 Million in Hydro
Alsons Consolidated Resources Inc (ACR) has approved an initial investment of $19.6 million (P1 billion) in its latest $72.7 million (P3.7 billion) renewable energy business ― the 15.1-MW Siguil Hydro Power Corp (SHPC) in the Philippines. Located at the Siguil River basin in Maasim, Saranggani Province, SHPC will be owned and controlled by ACR’s power arm Alsons Renewable Energy Corp (AREC). Construction of ...
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