Infrastructure sector-focussed PE firm CapAsia exits Philippines' wind power project

Infrastructure sector-focussed PE firm CapAsia exits Philippines' wind power project

Photo: Pixabay

Singapore-based private equity firm CapAsia has signed a sale and purchase agreement to sell its entire interest in CapAsia ASEAN Wind Holdings Cooperatief UA, owning the majority stake in wind power projects in the Philippines, to Thailand’s listed renewable energy firm BCPG Pcl.

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