SNAP refinances Philippine hydro plant

In:

Renewables

Region:

Asia-Pacific

SN Aboitiz Power-Benguet (SNAP-Benguet) has secured a PHP18 billion ($375 million) unsecured notes facility from BDO Unibank and Bank of the Philippine Islands to refinance loans for the acquisition of the 175MW Ambuklao-Binga hydroelectric power plant. SNAP-Benguet made a winning offer of $325...

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