Philippines: GBP picks 50% stake in power holding firm ATEC

Philippines: GBP picks 50% stake in power holding firm ATEC

GBP's power plant in Panay Island. Visual from company website.

Global Business Power Corp (GBP), the leading power producer in the Visayas group of islands in the Philippines, has acquired a 50 per cent stake in Alsons Thermal Energy Corp (ATEC), marking its entry to the Mindanao region.

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