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ACEN Gets P34-B Green Loan for Wind Project
The Philippine Star
|April 01, 2025
Ayala-led ACEN Corp. has secured a P34.41-billion green loan from a consortium of local banks to partially finance its massive onshore wind project across Laguna and Quezon.
ACEN, along with its subsidiaries, has signed a senior green term loan facility with Bank of the Philippine Islands, BDO Unibank Inc. and Rizal Commercial Banking Corp.
The listed energy firm and ACEN Global Development Group acted as sponsors, share security grantors and guarantors, while Giga Ace 6 Inc. (GA6) served as the borrower, mortgagor and grantor.
The green loan, facilitated by BDO Trust Investment Group, will provide much-needed financial clout for the development of GA6's P70-billion Quezon North Onshore Wind Power Project, formerly Isla Wind.
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