Development Bank of the Philippines #40738
Created at
2019-01-24
Last update
2019-01-24
0 Parents (Involvements as child)
3 Children (Involvements as parent)
ID
Name
PetroWind Energy Inc. (PWEI)
Country of registration/origin
Philippines
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
1 800 000 000
₱
Loan date
2023-02-23
Comment
“PWEI is DBP’s partner since 2013 and we are grateful that we have their support again for Nabas-2. Our partnership with DBP enabled us to successfully build our wind and solar power projects, which are now generating clean and indigenous power,” said PWEI president Milagros V. Reyes.
ID
Name
First Toledo Solar Energy Corp. (FTSEC)
Country of registration/origin
Philippines
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
4 375 000 000
₱
Loan date
2016-10-11
Comment
The Development Bank of the Philippines (DBP) has granted a P4.375 billion loan to partially finance the 60-megawatt (MW) solar power plant construction in Toledo City, Cebu.
ID
Name
Terasu Energy Inc. (TEI)
Country of registration/origin
Philippines
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
1 650 000 000
₱
Loan date
2019-09-20
Comment
The Development Bank of the Philippines (DBP) on Friday said it has signed a P1.65-billion loan agreement with Terasu Energy, Inc. (TEI) to partially finance the construction of a 40-megawatt solar power farm in Concepcion, Tarlac.
1 Deals (Involvements as Operating company)
ID
Target country
Philippines
Current intention of investment
Forestry unspecified
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
0 ha