The Blue Circle and Ayala link for 1.5GW SE Asia wind pipeline

Southeast Asian renewables developer The Blue Circle has linked with a unit of Philippines conglomerate Ayala to jointly advance a 1.5GW pipeline in the region.

The partnership comes as Ayala’s AC Energy subsidiary takes a 25% stake in The Blue Circle in a deal that also allows it to invest in projects the two will build-out from the latter’s pipeline.