Tersis Technologies signs MOU with Pingkas Capital for waste-to-energy projects in Philippines
TERSIS TECHNOLOGIES INC
TERSIS TECHNOLOGIES INC TERS | 0.00 |
- Tersis Technologies signed an MOU with Pingkas Capital to develop, finance, deploy, operate Syngenic V3 waste-to-energy projects in the Philippines.
- Flagship project planned in Bataan; partnership targets broader rollout across the Philippines with a pathway to expand into ASEAN.
- MOU executed May 25, 2026; Pingkas receives binding exclusivity in the Philippines for 12 months, extendable to 24 months.
- Exclusivity becomes ongoing across the Philippines once the first site starts commercial operations; expands to ASEAN at financial close of that site.
- Parties plan definitive agreements, including joint venture, licensing, operations, project financing; also evaluating carbon credits and renewable certificates.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tersis Technologies Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202606111013NEWSFILECNPR____20260611_301071_1) on June 11, 2026, and is solely responsible for the information contained therein.
