Trans-Asia Oil To Invest $300 Million For Wind Farm Portfolio In Philippines

Published: Feb 04 2010
Deal Summary

Trans-Asia Oil and Energy Development Corporation, a company engaged in petroleum exploration, power generation and industrial development activities, announced to invest $300 million for the construction wind farm portfolio located in Philippines. The total installed capacity of the portfolio is 123 MW.

The portfolio includes, 26 MW plant in Paracale and Vinzons, 9 MW plant in Silang, 9 MW plant in Bauan and San Luis, 19 MW plant in Calatagan, Batangas, 10 MW plant in Infanta, Quezon, 9 MW plant in Calauag and Lopez, 10 MW plant in Calauag, 9 MW plant in San Joaquin, 10 MW plant in Dumangas, and 12 MW plant in Anda and Guindulman.

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