Alternergy Acquires Wind Energy Projects in Quezon Province
Manila: Publicly listed Alternergy Holding Corporation (Alternergy) is acquiring two wind energy projects in Quezon province, with a potential capacity of around 331.2 megawatts. The renewable energy firm, in a disclosure with the Philippine Stock Exchange (PSE) on Monday, stated that its special purpose company, Calavite Passage Wind Power Corporation, will acquire CleanTech Global Renewables Inc.’s Tayabas South Wind Energy and the Tayabas North Wind Energy projects through a Deed of Assignment. According to Philippines News Agency, data from the Department of Energy’s (DOE) website showed that both projects are still under pre-development and are part of the Department’s 4th