Roxas Holdings, GBP form joint venture

11 Dec

ROXAS Holdings, Inc. (RHI) and Global Business Power Corp. (GBPC) will establish a joint venture that will undertake a 40-megawatt (MW) biomass power project in Negros Occidental, which is targeted for completion in 2017.

The Memorandum of agreement involves the front-end engineering design study and other pre-development studies for the cogeneration facility in La Carlota City.

Get FREE stock analysis, special reports and brokers’ recommendations!

The recently signed agreement also details RHI’s and GBPC’s duties and responsibilities related to the financing, design, construction, ownership and operation of the 40-MW biomass power plant that will be located within the premises of RHI’s Central Azucarera de la Carlota, Inc.

Leave a comment

Posted by on December 11, 2014 in Corporate News, GTCAP, Stock Market


Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: