Philippine conglomerate Ayala's arm forges $83m solar JV in Vietnam

Philippine conglomerate Ayala's arm forges $83m solar JV in Vietnam

AC Energy's solar plant in Montesol, Negros Oriental, Philippines. Photo from AC Energy's website.

AC Energy, a wholly owned subsidiary of Philippine-listed conglomerate Ayala Corporation, is investing more than $40 million in a joint venture that will develop solar plants in Vietnam.

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