P5.3-B RCBC loan facility to fund Altenergy project

By Ed Paolo Salting

Jun 14, 2024 12:17 am

ALTERNERGY Holdings Corp. on Thursday said it had secured a P5.3-billion project finance facility for its Alabat wind power project from Rizal Commercial Banking Corp. (RCBC).

The financing was obtained via Alabat Wind Power Corp., a wholly owned subsidiary of Alternergy Wind Holdings Corp. of the Alternergy group, for the construction of the 64-megawatt Alabat project in Quezon province.

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