MANILA, Feb 1 (Reuters): AC Energy Philippines, the power generation unit of conglomerate Ayala Corp, said on Monday it expects to raise roughly 30 billion pesos (US$624 million) from share sales, including a follow-on offering around the middle of this year.
The amount includes the 5.3 billion pesos raised last week from a stock rights issue, AC Energy President and CEO Eric Francia said in a briefing.
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