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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.
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