Japan’s Kansai Electric Power invests in Wawa hydropower project

MANILA, Philippines — Kansai Electric Power Co. is expanding its reach beyond Japan with a 14-percent stake acquisition in PMJVCo Holdings Inc., the group behind a large-scale pumped storage hydropower project in Rizal province. Lopez-led First Gen Corp. said Kansai signed definite agreements to subscribe to the equity interest in PMJVCo. The value of the