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ACEN signs P11-B sustainability-linked loan facility - BusinessWorld Online

ACEN signs P11-B sustainability-linked loan facility - BusinessWorld Online
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ACEN secures ₱11-B loan from ADB for RE projects

ACEN Corp. secured a loan worth P11 billion with the Asian Development Bank (ADB) and the Bank of the Philippine Islands (BPI) to finance more of its renewable energy (RE) projects. The sustainability-linked loan facility, which will finance ACEN’s solar projects, includes a partial credit guarantee by ADB. “This financing… ....

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ACEN: Rockefeller Foundation, MAS to help retire coal plants

ACEN Corp. is coordinating with The Rockefeller Foundation’s Coal to Clean Credit Initiative (CCCI) and the Monetary Authority of Singapore (MAS) to fast-track the phase out of coal plants in line with the Paris Agreement. ACEN, CCCI and MAS are seeking to develop the world’s first Transition Credit, or the… ....

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