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HSBC backs funding for ACEN’s wind farm in Ilocos Norte

The Philippine arm of British banking giant HSBC is strongly supporting the multi-billion peso wind mill project of Ayala-led ACEN Corp. (formerly AC Energy Corp.) in Pagudpud, Ilocos Norte. ....

La Union , United Kingdom , Republic Of , Ilocos Norte , Mimi Concha , Trish Ramos , Ac Energy Corp , Bayog Wind Power Corp , Pagudpud Wind , Wind Farm , Bayog Wind Power , Pagudpud Wind Farm , Southeast Asia ,

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… ....

La Union , Republic Of , Ilocos Norte , Jean Tricia Ramos , Melinac Concha , Jose Mariap Zabaleta , Shanghai Banking Corp , Ac Energy Corp , Philippine Branch , Shanghai Banking , Pagudpud Wind , Wholesale Banking , Pagudpud Wind Farm , Tricia Ramos , Global Trade , Receivables Finance , Southeast Asia , Development Officer Jose Maria ,