SNAP keen on buying Napocor assets

SN Aboitiz Power Inc. (SNAP) is keenly interested in growing its core business by acquiring assets being privatized by the government.

SNAP Executive Vice President and COO Joseph Yu told reporters in an interview that the company is eyeing the 728-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant and the 140-MW Casecnan multi-purpose project.