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P74B in RE projects get green lane certifications

TWO renewable energy (RE) projects worth P74 billion have been granted green-lane access, the Board of Investments (BOI) announced.

The Lucena Wind Power Project and Bacolod Solar Power Plant Project, both initiatives of Singapore-based Nexif Ratch Energy Investments Pte. Ltd. (NREI), received green-lane certificates of endorsement from the DTI-BOI's One-Stop Action Center for Strategic Investments (OSAC-SI), as mandated by Executive Order (EO) 18.