Tag: Business

Home » Business
Macquarie to invest $1.2B in Asia’s largest floating solar plant in Laguna Lake
President Marcos Jr. is flanked by Speaker Martin Romualdez (left) and Trade Secretary Alfredo Pascual in a group photo shoot after the signing of a letter of intent for Macquarie Capital to invest $1.2 billion for the floating solar plant in Laguna. Behind them are other officials of the Philippine government, Macquarie Capital and SunAsia Energy, and other foreign investors based in Singapore.
Post
September 11, 2022September 30, 2022Business, Environment, Featured Stories

Macquarie to invest $1.2B in Asia’s largest floating solar plant in Laguna Lake

by

Singapore-based Macquarie Capital has committed to invest at least $1.2 billion in the Philippines to build a 1,300- megawatt (MW) floating solar plant on Laguna Lake, touted to be the biggest of its kind in Asia. The investment firm signed a letter of intent during the state visit of President Ferdinand “Bongbong” Marcos Jr. in...