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Mangima Hydro Power borrows P2 4B from PNB

MANGIMA Hydro Power Corp. (MHPC) has tapped the Philippine National Bank (PNB) for a P2.4-billion loan to finance the construction of a 12-megawatt (MW) run-of-river hydroelectric power project in Manolo Fortich, Bukidnon. The project, which is set to be completed by 2024, is projected to have an annual generation of…

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