ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Energy

Japan's JERA to invest $1.58bn in Philippine utility Aboitiz

Japanese power generator targets growing electricity demand abroad

As demand for LNG power grows in the Philippines, JERA plans to share its LNG procurement know-how with Aboitiz. (Source photos by Reuters and AP)

TOKYO -- Japanese power generator JERA is investing $1.58 billion in the leading utility company in the Philippines, Aboitiz Power, as it hopes to benefit from growing electricity demand in the country while making a transition from coal to cleaner energy.

Sponsored Content

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

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