Top Japanese contractor Taisei Corp. invests in PetroGreen Unit

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Founded in 1873, Taisei Corp. is among Japan’s top 5 general contractors building ports and harbors, bridges and tunnels, power stations, industrial complexes and commercial buildings in over 65 countries. In fiscal year 2022, Taisei Group recorded total net sales of $12.3 billion.

Jiro Taniyama, executive vice president, Chief of Clean Energy ; Environment Business Promotion Division, Taisei Corporation; Milagros Reyes, chairman, PGEC; Francisco Delfin Jr.

The investment covers the funding, construction, and operation of an initial portfolio of four solar power facilities, including the 41MWdc Limbauan project in Isabela, the 25MWdc Bugallon project in Pangasinan, the 19.6MWdc San Jose project in Nueva Ecija and the 27MWdc Dagohoy solar project in Bohol.

Taisei Corp. Executive Vice President Jiro Taniyama declared, “We are very pleased to be able to contribute to renewable energy in the Philippines, which is experiencing remarkable development, and more importantly, to participate in this project as a business partner with PGEC. We are looking forward to the synergies that this project will generate in the business of TAISEI and PGEC led by the Yuchengco Group.

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