PRIME Infra-led Ahunan Power Inc. (Ahunan) has entered into an agreement to acquire a majority stake in renewable energy developer Olympia Violago Water and Power Inc. (OVWPI).

"The agreement will integrate Ahunan and OVWPI's capabilities in support of Prime Infra's energy business objective — to respond quickly to demand through clean and renewable power," Guillaume Lucci, president and chief executive officer of Prime Infra, said in a statement on Friday.

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