Alterpower Digos Solar Inc. (ADSI) #45319
Created at
2024-02-26
Last update
2024-09-13
2 Parents (Involvements as child)
ID
Name
Hanwha Group
Country of registration/origin
Republic of Korea
Classification
Private company
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Comment
ADSI is a joint venture of the South Korea-based Hanwha Global Asset Corp. and renewable energy firm Alterpower Specialist, Inc.
ID
Name
Fort Pilar Energy Inc. (FPEI)
Country of registration/origin
Philippines
Classification
Private company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Comment
Fort Pilar Energy, owned by the family of businessman and 1-PACMAN Rep. Michael “Mikee” Romero, bought Alterpower Digos Solar, Inc. (ADSI) for Php1.5 billion. ADSI was an enterprise formed by the joint venture of Alterpower Specialist, Inc. and Hanwha Global Asset Corporation.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Philippines
Current intention of investment
Solar park
Current negotiation status
Concluded (Change of ownership)
Current implementation status
In operation (production)
Deal size
30 ha