Spanish economic counselor Javier Alvarez brought 23 firms along for a two-day Spain-Philippines business meeting where they will partner up with local counterparts to look for industries in the Philippines to invest in. Some of these companies are keen on investing in the Philippine Energy Sector.
These firms are Abengoa Bioenergia, S.A, Guascor S.A., Isofoton S.A, Advena Consulting, Domingomonserrat Enginyeria S.L., Tecnica Y Construccion De Catalunya SL., and Geobat Energia, S.L.
Geobat Energia, S.L. is into renewable energy while Guascor is into solar power. Abengoa Bioenergia, S.A is looking to develop 10-15 ha. worth of land into an integrated farm for the production of ethanol.
Spain is credited in Philippine History as being our former colonial masters. Magellan, who circumnavigated the world under the flag of Spain, was the first to discover the Philippines (although the Chinese have already forged trade routes to the island.) They also brought Christianity to the islands and were responsible for making the Philippines the only predominantly Catholic country in Asia. The Philippines itself was named after King Philip II of Spain.
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Category: Clean Energy, Investment
