(EnergyAsia, January 8) — The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has made a $50 million equity investment in PNOC Energy Development Corporation as part of the state-owned enterprise’s initial public offering on the Philippines Stock Exchange, which took place last month. The IFC said the investment supports…
PHILIPPINES: IFC investment in PNOC-EDC supports development of renewable energy
Posted on January 8, 2007 by EnergyAsia