ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Companies

Philippines' Ayala and Singapore's TBC in 1.5GW wind power play

Tie-up eyes renewable energy assets in Vietnam as incentives expire next year

Power-generating windmill turbines are pictured at a wind park in Bac Lieu province, Vietnam.   © Reuters
CLIFF VENZON, Nikkei staff writer | Philippines

MANILA -- Philippine conglomerate Ayala Corp. and Singapore-based energy company The Blue Circle plan to jointly develop 1,500 megawatts of wind power projects across Southeast Asia. 

Ayala on Tuesday said its power unit has acquired a 25% stake and "co-investment" rights in TBC and its projects in Cambodia, Indonesia, Thailand and Vietnam. 

Read Next

Latest On Companies

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more

By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.

Accept & Continue Close