ACEN secures ₱11-B loan from ADB for RE projects

ACEN Corp. secured a loan worth P11 billion with the Asian Development Bank (ADB) and the Bank of the Philippine Islands (BPI) to finance more of its renewable energy (RE) projects. The sustainability-linked loan facility, which will finance ACEN’s solar projects, includes a partial credit guarantee by ADB. “This financing…

Related Keywords

Philippines ,Dubai ,Dubayy ,United Arab Emirates ,United Kingdom ,United States ,Philippine Islands ,Philippines General ,Canada ,Canadian ,America ,John Erict Francia ,Cecile Cruzabra ,Acen Corp ,Asian Development Bank ,Coal Alliance ,Luzon Thermal Energy Corp ,Energy Transition Mechanism ,John Eric ,Southeast Asia ,Powering Past Coal Alliance ,South Luzon Thermal Energy ,Transition Credit ,South America ,