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HSBC issues credit line for ACEN s wind farm

THE Hongkong and Shanghai Banking Corp. Ltd.-Philippine Branch (HSBC Philippines) has issued its first sustainable commercial Letter of Credit (LC) to support the completion of AC Energy Corp.’s (ACEN) 160-megawatt (MW) Pagudpud Wind Farm. Melina C. Concha, head of HSBC Philippines’s Wholesale Banking, said the company has always been on…

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