The Sidrap Project is expected to generate 75MW.
Philippines-based AC Energy Holdings, conglomerate Ayala Corp's energy arm, signed investment deals with UPC Renewables Indonesia to develop, build, and operate the $150m Sidrap wind project in South Sulawesi, Indonesia.
The Sidrap Project is Indonesia's first utility-scale wind farm project and is expected to generate 75MW. Completion is targeted before end-2017.
This is not the first time for UPC Renewables and AC Energy Holdings to work together on a project as both companies own North Luzon Renewable Energy Corp which operates the 81MW Caparispisan wind farm project in North Philippines.
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