PetroGreen Energy Corporation is set to acquire two existing solar projects in Luzon. Term sheets for PGEC's takeover of the San Jose solar project in Nueva Ecija and the San Pablo (Limbauan, Isabela) solar projects were signed separately last April 19, 2023 with VMARS Solar Energy Corporation and BKS Green Energy Corp., respectively. Transaction closing is expected to be completed in the coming weeks.
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