(EnergyAsia, November 9 2011, Wednesday) — Three Philippine banks have agreed to lend South Luzon Thermal Energy Corp nine billion peso to develop a coal-fired 135MW power plant in Batangas on Luzon Island in the Philippines. (US$1=43 peso).South Luzon Thermal Energy Corp, jointly operated and managed by Ayala-led AC Energy Holdings Inc and Phinma’s…
PHILIPPINES: Ayala-Phinma JV secured 9-billion peso loans to build coal-fired plant
Posted on November 9, 2011 by EnergyAsia