RCBC lends P1B for solar power project in Bataan | Lenie Lectura

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RCBC lends P1B for solar power project in Bataan | Lenie Lectura
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Rizal Commercial Banking Corp. (RCBC) will lend Alternergy Holdings Corp. (Alternergy) up to P1 billion to finance its 28 MegaWatts defined conditions (MWDC) Solana solar power project in Hermosa, Bataan.

RIZAL Commercial Banking Corp. will lend Alternergy Holdings Corp. up to P1 billion to finance its 28 MegaWatts defined conditions Solana solar power project in Hermosa, Bataan.

“Alternergy welcomes yet another financing commitment from RCBC of up to P1 billion for our Solana solar power project,” he added. “RCBC is deeply committed to upholding social and environmental responsibility in how we do business. Our latest project financing support to Alternergy’s Solana solar power project aligns with our sustainable finance strategy which has so far channeled more than P70 billion in funding support to various sustainable projects,” RCBC Corporate Banking Group Head Elizabeth E. Coronel said.

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