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The units of MGen Renewable Energy Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), secured a total of P2.825 billion in funding for its solar power projects. Greenergy for Global Inc. (GGI), a subsidiary of MGreen, secured a P2.034-billion, 15-year term project financing facility from Security Banking…
The Philippine banking system is expected to remain stable as normalization of economic activities will reduce loan loss provisioning, international credit watcher Moody’s Investors Service said. “We maintain our stable outlook for the Philippines' banking system. An easing of coronavirus-related