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

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...