ABOITIZ Power Corp. is taking full ownership of La Filipina Electrika Inc. (LEFI) that the listed company intends to use as a vehicle to pursue renewable energy (RE) projects in the future.

AboitizPower, through unit Aboitiz Renewables Inc. (ARI), is acquiring 100 percent of LEFI from Therma Power, Inc. (40 percent) and La Filipina Uy Gongco Corp. (60 percent).

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