Repower Energy to absorb subsidiary

By Brix Lelis

Sep 19, 2023 12:26 am

A WHOLLY-OWNED subsidiary of Pure Energy Holdings Corp. (PEHC) on Monday bared plans to incorporate another first-tier subsidiary to bolster its hydropower business.

In a disclosure, PEHC unit Repower Energy Development Corp. (REDC) said it would be absorbing Baguio Asin Hydropower Corp. in a bid to further expand its business.

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