REDC vows to expand RE portfolio in 2024 as part of long-term strategy

Repower Energy Development Corp. (REDC). said Monday its net income reached P172.8 million in 2023, up nearly 3 percent from P168 million in 2022 following the commissioning of two new power plants in the fourth quarter of 2023 and the steady generation from its portfolio of run-of-the-river hydropower plants.

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