Philippines’ First Gen to Buy Into Hydropower Business for $1.3 Billion

Philippines’ First Gen to Buy Into Hydropower Business for .3 Billion



Philippines’ First Gen to Buy Into Hydropower Business for $1.3 Billion
First Gen Corp. will buy a 40% stake in Prime Infrastructure Capital Inc.’s hydropower portfolio in a deal worth 75 billion pesos ($1.3 billion), the Philippine companies said in a statement late Friday.


www.bloomberg.com
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