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Pertamina, Indonesia's state-owned energy firm, invests $115M in Philippine renewable energy company Citicore.
Indonesia's state-owned energy company, Pertamina, is investing $115 million for a 20% stake in the Philippines' Citicore Renewable Energy, marking its entry into the country's growing renewable energy sector.
The deal allows Pertamina to diversify its energy portfolio and collaborate on renewable energy projects.
Citicore, focused on solar, wind, and hydroelectric power, aims to expand its green energy capacity.
3 months ago
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