San Carlos Sun Power Inc. (SacaSun) #45902
Created at
2024-08-20
Last update
2024-08-20
2 Parents (Involvements as child)
ID
Name
Aboitiz Power Corporation (AP)
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
Sacasun is a joint venture company between Aboitiz Renewables and Sun Edison Philippines Helios BV (SunEdison) for the development of the 59-megawatt peak (MWp) solar photovoltaic power generation project in San Carlos, Negros Occidental.
ID
Name
BDO Universal Bank
Country of registration/origin
Philippines
Classification
Stock-exchange listed company
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
3 700 000 000
₱
Loan date
2015-12
Comment
In December 2015, San Carlos signed an omnibus loan and security agreement with BDO to obtain a funding amounting to P3.7 billion to finance the project.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Philippines
Current intention of investment
Solar park
Current negotiation status
Concluded (Change of ownership)
Current implementation status
In operation (production)
Deal size
75 ha