FLG Management and Development Corp. and Freyfil Corp. sign joint venture agreement
December 27 2016
FLG Management and Development Corporation, the holding company of the Gozon family, and Freyfil Corporation, one of the largest construction companies in the Philippines, recently signed a joint venture agreement to develop renewable energy projects in the country.
The agreement was signed in by FLG Management and Development Corporation Chairman Atty. Felipe L. Gozon (center); Freyfil Corporation owner Eric Cruz (second from left); Freyfil SVP for Finance Sonny Samia (leftmost), FLGMDC Business Development Head Joselito Abrogar (second from right); and Freyfil General Counsel Atty. Peter Castillo (rightmost).
The joint venture company, which will operate under the name Henric Capital, Inc., will construct hydro power plants in Kalinga province as their initial project.
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