Japanese utility JERA takes stake in power player in Philippines ahead of LNG and infrastructure build out

Tuesday, 28 September 2021

JERA Co. Inc., the largest Japanese utility and liquefied natural gas importer, has decided to acquire a 27 percent stake in Aboitiz Power Corp. for $1.58 billion to partner with the major utility in the Philippines as the Asian nation builds out LNG and gas-fired power projects.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial
 
 
Last modified on Tuesday, 28 September 2021 07:14
Rate this item
(0 votes)