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Announced

AboitizPower to acquire Vietnam’s Mekong Wind for $46m.

Synopsis

AboitizPower, a holding company engaged in power distribution, generation and retail electricity services, agreed to acquire Vietnam’s Mekong Wind, a wind farm holding company, for $46m. “We have announced our intentions to go international some time back and we have been prudent in looking for the right opportunity that will bring the best value for the company and our shareholders. This is such a transaction,” Erramon I. Aboitiz, AboitizPower President and CEO.

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