MANILA, Philippines – The renewable energy arm of Aboitiz Power Corp. has acquired full ownership of Ubay Solar Corp., a company developing a greenfield solar power project in Bohol. In a disclosure on Friday, the company said Aboitiz Renewables Inc. (ARI), its wholly owned subsidiary, completed the acquisition after exercising a call option to purchase 100 percent of Ignis Philippines Development Inc.’s shares in Ubay Solar Corp.  READ: key-challenge-transitioning-quickly-responsibly-to-re The transaction was finalized through a deed of assignment of shares dated December 12, 2025. The total purchase price amounted to $8.55 million, with payments to be made on a milestone […]... Keep on reading: Aboitiz Power unit acquires full ownership of Bohol solar developer