Vena Energy #45749
Created at
2024-07-17
Last update
2024-09-13
0 Parents (Involvements as child)
5 Children (Involvements as parent)
ID
Name
Weineng Energy
Country of registration/origin
China
Classification
Private company
Relationship
Subsidiary company
Parent relation
Local branch of parent company
Ownership share
100.00 %
ID
Name
Nuevo Solar Energy Corp. (NSEC)
Country of registration/origin
Philippines
Classification
Private company
Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
ID
Name
Asian Greenenergy Corporation
Country of registration/origin
Philippines
Classification
Private company
Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Debt financing
Loan amount
20 000 000
$
Loan date
2014-05-14
Comment
Asian Greenenergy will partner with Soleq Pte Ltd, a unit of the Singaporean fund manager, as joint venture partner for the project.
Adam Ballin, Soleq director, said the joint venture will invest $20 million in the Bukidnon solar plant, which will rise in the town of Kibawe.
ID
Name
PT. Energi Bayu Jeneponto
Country of registration/origin
Indonesia
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
ID
Name
PT Infrastruktur Terbarukan Lestari (ITL)
Country of registration/origin
Indonesia
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Comment
Alignment with these expectations is a requirement of PT ITL parent company, Vena Energy and also to support current financing of the Project by Asian Development Bank (ADB).