World Bank Group, said it has signed a $100 million loan agreement with SN Aboitiz Power-Benguet Inc (SNAPB), the joint venture company between Philippines’ Aboitiz Power Corporation (AP) and Norway’s SN Power Invest AS, to help rehabilitate two hydroelectric plants. The project will boost electricity output in the Benguet province of Luzon island in the…
PHILIPPINES: IFC increases investment in hydropower generation
Posted on October 12, 2008 by EnergyAsia