ALSONS Con–solidated Resources, Inc. (ACR), the first independent power producer in Mindanao, will invest up to P1 billion in the 15.1-megawatt (MW) Siguil hydro power project in the province of Sarangani.

ACR informed the Philippine Stock Exchange (PSE) on Friday the investment will be made through its unit Alsons Renewable Energy Corp. (AREC), the direct owner of Siguil Hydro Power Corporation (SHPC).

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