AC Energy invests PHP2.2bn for battery storage project in Laguna
Date
March 12, 2021
Type
Projects
Subtype
Project in planning
Countries
Philippines
Subsectors
Energy Storage
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AC Energy has signed a subscription agreement with its subsidiary Giga Ace 4 for the purchase of shares for a total of PHP2,000 million (US$45.35 million).
The investment will go towards the development of a 40 MW battery energy storage system (BESS) project in Alaminos, Laguna.
