CleanTechnica•4 months ago
Philippines Hands Over Strategic Hydropower Complex to Private Consortium
- •The Philippine government has privatized the strategic Caliraya–Botocan–Kalayaan (CBK) Hydroelectric Power Plant complex, transferring operations to the Aboitiz-led Thunder Consortium.
- •This handover represents one of the country's most significant power sector privatizations, indicating a major policy and regulatory shift.
- •The transaction highlights a growing market emphasis on grid flexibility, now considered as crucial as sheer generation capacity, impacting future investment signals for developers and large power consumers.
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