Aboitiz Power unit acquires full ownership of Bohol solar developer

MANILA, Philippines – The renewable energy arm of Aboitiz Power Corp. has acquired full ownership of Ubay Solar Corp., a company developing a greenfield solar power project in Bohol. In a disclosure on Friday, the company said Aboitiz Renewables Inc. (ARI), its wholly owned subsidiary, completed the acquisition after exercising a call option to purchase