Japanese builder forays into PH clean energy

Taisei Corp., a Japan-based general contractor, is investing in one of the subsidiaries of the Yuchengco Group’s PetroEnergy Resources Corp. (PERC). Taisei signed investment framework and shareholders agreements with PERC unit PetroGreen Energy Corp. (PGEC) to corner a 25-percent equity stake in Rizal Green Energy Corp. for an undisclosed amount, PERC said in a disclosure
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