EconomyBarito Confirms $5 Billion Offer to Acquire Geothermal Firm EDC
Indonesia’s PT Barito Renewables Energy has confirmed an offer to acquire geothermal company Energy Development Corp. for $5 billion. The proposed purchase would expand Barito’s presence in the Philippines. If completed, the transaction could rank among the largest clean-energy deals in Asia in recent years. It underscores the scale of Barito’s regional expansion plans.
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Barito Confirms $5 Billion Offer to Acquire Geothermal Firm EDC
Economy