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Wells Fargo expands renewable energy purchases into PH


SunStar
Contributed photo
March 01, 2021
WELLS Fargo International Solutions LLC-Philippines (Wells Fargo Philippines) recently announced it has entered into a retail electricity purchase agreement with Aboitiz Power Corporation through its subsidiary, AP Renewables Inc. (Apri), for the fulfillment of its renewable energy needs.
The power company will deliver approximately 7,500 MWh of renewable energy annually bundled with International Renewable Energy Certificates (I-RECs) to Wells Fargo s Taguig facility from APRI s Tiwi-MakBan geothermal plants in the provinces of Laguna, Batangas, and Albay.
Wells Fargo Philippines, located at McKinley Hill, Bonifacio Global City, is primarily an extension of the operations, knowledge services, and corporate support teams of Wells Fargo. ....

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