Ayala-led Phinma Energy Corp. is looking at about $2 billion in capital expenditures in the next six years to expand the company’s renewable energy portfolio to 2,000 megawatts.

“Our vision for AC Energy Philippines is to be the leader in renewable energy in the country. Our goal is to reach 2,000 MW of renewables by 2025,” Phinma Energy president and CEO John Eric Francia said during the company’s annual stockholders’ meeting in Makati City on Tuesday.

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