Capitol to ink deal for renewable energy

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TO ADVANCE renewable energy in northern Cebu, the Cebu Provincial Government will sign a landmark deal with the Consortium Acciona Energia Global and Freya Renewables Inc. on Saturday, March 16, 2024.In a report from the Capitol’s Public Information Office on Thursday, March 14, the upcoming deal will seal the construction of the 150 megawatts solar power plant to be built inThe Provincial Government will partner with the Spain-based Acciona Energia Global and Makati-based Freya Renewables Inc.

Gwendolyn Garcia at the Cebu Capitol Building on Wednesday, March 13. Shimura expressed support for the project.Shimura also urged the affected lot owners to sell their properties to the province. In return, the governor assured the property owners would enjoy tax exemption to capital gains, transfer tax and documentary stamp. Garcia added she will prioritize helping the lot owners find job opportunities.

 

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