🌏 Asia 1d ago · Val A. Villanueva

[Vantage Point] CBK: The battle for Luzon’s battery

Rappler Philippines
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[Vantage Point] CBK: The battle for Luzon’s battery
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Few infrastructure projects in Philippine history have spawned so much political heat, corporate intrigue, media warfare, and legal bloodletting as the Caliraya-Botocan-Kalayaan hydroelectric (CBK) complex.



Today, the headlines belong to the Aboitiz Group after its Thunder Consortium stunned the market with a P36.27-billion winning bid for the CBK complex, defeating the Lopez-led First Gen consortium and securing control of one of the country’s most strategically important energy assets

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