Alsons Seeks Partners for Hydro Power

Alsons Consolidated Resources Inc. (PSE: ACR) is in talks with Japan’s Toyota Tsusho and other potential partners on a $45 million renewable energy (RE) project while it prepares for an upcoming lineup of up to $280 million in RE projects.

ACR is set to undertake the 15MW to 16MW Siguil hydroelectric power project in Maasim River in Sarangani province. It would entail an investment of $40 million to $45 million.

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Source: Philippine Daily Inquirer

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