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Villar-led PREIT lays out investment thrust

VILLAR-LED Premiere Island Power REIT Corp. (PREIT) will continue investing in power generation infrastructure in line with a three-year plan.

'The principal mandate and strategy of the company is to invest on a long-term basis in critical real estate and infrastructure that will not only expand its portfolio but also enable it pursue its goal of meaningfully contributing to the promotion of renewable energy, as well as continue its process of expanding social and missionary electrification,' PREIT said in a statement on Tuesday.