
Aboitiz-Led Group Submits Top $642 Million Bid For Philippine State-Owned Hydro Power Plant
The Caliraya-Botocan-Kalayaan hydroelectric plant in Laguna, South of Manila.Courtesy of CBK Power Company A consortium led by a unit of Aboitiz Equity Ventures—controlled by tycoon Sabin Aboitiz and his family—submitted the highest bid of 36.3 billion …