But executives are still mum about further details.
After revealing that it had signed a US$150m wind energy project in Indonesia last week, AC Energy Holdings has revealed that it is expecting to sign another investment deal in renewable energy soon.
Conglomerate Ayala Corporation's energy arm is making the final touches on another acquisition, the details of which will only be revalead in the next few weeks.
AC Energy president John Eric Francia was quoted as saying that the project is not hydro, but they are looking forward to sealing the acquisition soon.
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