Trans-Asia Oil and Energy Development Corp. said it has invested more than P2 billion to beef up its energy portfolio, which ranges from wind power to coal and geothermal assets and to oil exploration.
In a disclosure to the Philippine Stock Exchange (PSE) on Monday, Trans-Asia said it spent P1 billion for its clean energy platform, specifically for the development of its 54-megawatt (MW) wind energy project in San Lorenzo, Guimaras in Iloilo and the second 135-MW unit of a clean coal-fired power plant in Calaca, Batangas.
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