AboitizPower switches on venture studio for energy startups

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Aboitiz Power Corp. has set up a venture studio focused on building startups in the energy sector.

MANILA, Philippines —

The venture studio was named 1882 as this was the year that Thomas Edison’s company flipped the switch for the first centralized energy system in New York City. “We have two builds so far,” he said. “We will be launching one of the builds in the market this year.”“That’s our biggest problem, to find the right people to help us build,” Aboitiz said.

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