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Aboitiz inks loan for solar project
Manila Bulletin
|September 13, 2025
Aboitiz Renew-ables, Inc. (ARI) announced its Zambales solar power plant, which is nearing completion, has secured a financing deal with the Bank of the Philippine Islands (BPI).
In a disclosure to the Philippine Stock Exchange on Friday, Sept. 12, ARI said that AP Renewable Energy Corp. has inked a 27.4 billion project loan from BPI for the 221-megawatt peak (MWp) Olongapo solar plant.
This funding will finance the engineering, construction, operation, and maintenance of the project, which is currently about 95 percent finished.
This story is from the September 13, 2025 edition of Manila Bulletin.
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