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Aboitiz Equity Ventures

Company Summary

Recent news

  • 9/27/2021 - JERA Investing $1.58B... (subscriber access)

Company Transactions

Date: 9/27/2021
Type: Acquisition

BUYERS:
  • Jera
  • DETAILS:

    COST: 1.58 $B

    NOTES:
    Japan's JERA has made a $1.58 billion investment into Aboitiz Power, a utility company in the Philippines. This will give them a 27% stake in the entity, as the firm pushes to grow its assets from 4.6 GW to a 2030 level of 9.2 GW, including 50% renewables.
    REGIONS:
  • Asia