Lucio Co seals takeover of 2nd power plant in Nueva Vizcaya

Billionaire Lucio Co has completed the takeover of a second renewable energy firm this year via a P1.02-billion deal for a hydroelectric power plant in Nueva Vizcaya, joining other tycoons in the rapidly growing sector. Cosco Capital Inc., Co’s listed supermarket, liquor and property holding company, bought all 9.18 million shares in Matuno River Development
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