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A 28-Year-Old Aims to Build Southeast Asia’s Top Solar Farm

  • Leviste plans 500-megawatt plant to power 800,000 homes
  • Solar Philippines aims to raise $54 million from share sale
The 63-megawatt Calatagan solar farm in Batangas, Philippines, in 2016.
The 63-megawatt Calatagan solar farm in Batangas, Philippines, in 2016.Source: Solar Philippines
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The Ivy League-educated son of a prominent Philippine congresswoman wants to build the largest solar power plant in Southeast Asia using proceeds from an initial public offering next month.

Leandro Leviste, 28, will seek to raise as much as 2.7 billion pesos ($54 million) by selling shares in Solar Philippines Nueva Ecija Corp., a unit of his Solar Philippines Power Project Holdings Inc.