We’re always seeking out acquisitions.

We’re always seeking out acquisitions. We’re looking for acquisition opportunities within the electricity space to develop our portfolio and with a bit of luck diversify it in terms of thermal as opposed to renewable ability,” Paolo Maximo F. Borromeo, AC dealing with director, instructed reporters on the sidelines of the Asian Venture Capital Journal Forum on Wednesday.

“And we would be open to searching at opportunities overseas, inclusive of Indonesia, in electricity, water and real property,” Borromeo said.

Borromeo stated Indonesia is an appealing marketplace where the Ayala institution can unfold its business know-how because the Indonesian marketplace is intently just like that of the Philippines.

“Nothing exact yet,” he stated. “Indonesia is a big market in phrases of population, very just like us in terms of demographic dividend and the gaps of the market. It feels conducive for a agency like us if you want to bring our talents to the desk in Indonesia,” he brought.