Philippines based GT Capital eyes geothermal investments
Steam pipes at Mount Apo, Mindanao Philippines (source: flickr/ penmanila)
Alexander Richter
17 Kas 2014
GT Capital Holdings Inc, an operator of coal power plants is currently looking into investing into geothermal and biomass in the Philippines amidst growing demand.
In a very brief mention in a local news piece. GT Capital Holdings Inc. mentioned that is looking at investing in geothermal and biomass power plants, its top official said in a press briefing on Thursday.
“We’re now looking into biomass, we’re looking into opportunities in geothermal, so expanding into other technologies in power also in terms of geography perhaps Luzon or Mindanao,” GT Capital president Carmelo Maria Luza Bautista told a press briefing on Thursday.
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Source: GMA News
