RCI to build P1.7B renewable energy project in Batangas

by Maricel Burgonio, 14 April 2015
from Manila Bulletin

Roxas & Company Inc. (RCI) said it will build a P1.7 billion renewable energy project in Nasugbu, Batangas.

In a disclosure to the Philippine Stock Exchange (PSE), RCI said its Board of Directors has authorized the company the incorporation of a new company to develop, construct and operate a 30 to 50 megawatt renewable energy project in its special meeting yesterday.

The board also authorizes the preparation, processing, and finalization of applications for the development of the power plant with government agencies.

RCI is the holding company of the Roxas Group. Its main holdings are raw real estate located in Nasugbu, Batangas, sugar-related assets and businesses held through Roxas Holdings, Inc. (RHI) and real estate development through its property arm, Roxaco Land Corporation (Roxaco).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s