Yoma Strategic, Ayala unit AC Energy set up JV to invest in Myanmar power sector

Yoma Strategic, Ayala unit AC Energy set up JV to invest in Myanmar power sector

Singapore-listed, Myanmar-based diversified group Yoma Strategic Holdings and Philippine conglomerate Ayala Corporation’s energy platform, AC Energy, have entered an agreement to establish a 50:50 joint venture that will see an investment of at least $30 million into Myanmar-based Yoma Micro Power.

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