The renewable energy unit of Ayala Group – one of Southeast Asia’s largest conglomerates – plans to buy and repower US wind farms as it declared America a new “priority market” outside its Philippines homeland.
Ayala’s ACEN subsidiary formed a partnership with fellow major regional renewables developer UPC – which it already works with in Asia – and Chicago-based Pivot Power Management (PPM) to “acquire operating wind projects in the US and explore strategies for extending their useful life through preventative maintenance and repowering”.
