Local firm Buskowitz Energy Inc. is boosting its solar power projects with an expected equity infusion of $100 million from foreign investors. Solar panels stock image
Local firm Buskowitz Energy Inc. is boosting its solar power projects with an expected equity infusion of $100 million from foreign investors.
Buskowitz, a provider of rooftop solar and renewable energy solutions, said Monday it secured the investment from APAC Sustainable Infrastructure Fund (A-SIF), being led by real assets manager Patrizia Se and Japanese investment firm Mitsui & Co., Ltd.
The new capital, involving a combination of primary and secondary share acquisition, is seen to bolster Buskowitz’s target to activate solar power projects with a capacity of more than 500 megawatts peak across the Philippines.
READ: Going solar: The limitless power of the sun
“With this investment, backed by industry leaders…
