10 months Ayala energy firm investing in solar, hydro projects in Australia MB |Biz
By Myrna M. Velasco The energy investment arm of the Ayala group and its partner UPC Renewables will be investing in up to 500-megawatt solar installation in New South Wales and 250-MW pumped hydro projects in South Australia. The scale of investments for these projects, according to Patrice R. Clausse, chief operating office of AC Energy International, will depend on the engineering, procurement and construction (EPC) contract that the company will eventually be tapping for the two ventures. For the solar project in particular, he noted the company already has shortlist on the forthcoming selection of EPC contractor as well ... more