Antitrust body clears Lopez group power plant buy

MANILA, Philippines  -The Philippine Competition Commission (PCC) on Tuesday said it had cleared a Lopez-led company’s acquisition of the 165-megawatt (MW) Casecnan hydroelectric power plant in Nueva Ecija. This would allow state-owned Power Sector Assets and Liabilities Management Corp. (PSALM) to finally turn over the facility to Fresh River Lakes Corp. (FRLC), a subsidiary of
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