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Ayala Group’s power unit takes control of San Carlos solar firm

AC ENERGY Philippines Inc. (Aceph), the power unit of the Ayala Group, signed a P2.78 billion share purchase agreement to own a controlling stake in San Carlos Solar Energy Inc. (Sacasol) in Negros Occidental. Aceph is acquiring the ownership interest from the Philippine Investment Alliance for Infrastructure (Pinai). The listed power firm signed the agreement with Macquarie Infrastructure H...

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