Under the deal signed last Friday, CREC and Levanta will establish a joint venture company for the development of four onshore wind projects with a combined capacity of 375 megawatts (MW) across Luzon and Visayas.
CREC said the move, subject to certain customary conditions, is expected to reach financial closing in the next few months.
Financial details of the deal were not immediately made available.
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Esta historia es de la edición October 22, 2024 de The Philippine Star.
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Musk's net worth tops $400 B, a historic first
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