Philippines Hands Over Strategic Hydropower Complex to Private Consortium

The Philippine government has formally turned over operations of the Caliraya–Botocan–Kalayaan (CBK) Hydroelectric Power Plant complex in Laguna to the Aboitiz-led Thunder Consortium, completing one of the country’s most consequential power sector privatizations at a time when grid flexibility is becoming just as important as sheer generation capacity. The Thunder ... [continued] The post Philippines Hands Over Strategic Hydropower Complex to Private Consortium appeared first on CleanTechnica.