SN Aboitiz Power Group is a joint venture between Scatec and Aboitiz Power Corporation (AP). Scatec, a Norway-based renewable power producer, specializes in delivering affordable and clean energy globally, focusing on solar, wind, and hydropower plants, and storage solutions. On the other hand, Aboitiz Power Corporation, a wholly-owned subsidiary of the Aboitiz Group, is deeply rooted in the Philippine electricity industry since the 1930s and is a key player in the electricity, financial, and food sectors.
Founded in 1998, SNAP operates in the Energy and Renewable Energy industries, with its headquarters in the Philippines. Despite the lack of available information on the last investment and related investors, SNAP's collaboration between a prominent renewable power producer and a major player in the Philippine conglomerate landscape signifies a promising venture with the potential for significant growth in the renewable energy sector.
The company's slogan, "Powering positive change", reflects its commitment to delivering sustainable and impactful energy solutions, positioning SNAP as an attractive prospect for venture capitalists seeking investment opportunities in the evolving renewable energy market.
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