First Toledo Solar Energy Corp. (FTSEC) #45809
Created at
2024-08-01
Last update
2024-09-13
2 Parents (Involvements as child)
ID
Name
Development Bank of the Philippines
Country of registration/origin
Philippines
Classification
State-/government (owned) company
Relationship
Tertiary investor/lender
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
Citicore Power Inc. (CPI)
Country of registration/origin
Philippines
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
FTSEC is a subsidiary of Citicore Power Inc, a sister company of Megawide Construction Corporation.