BSP approves $38-M KEPCO loan
BSP approves $38-M KEPCO loan
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has approved KEPCO SPC Power Corp.’s $38 million 10-year subordinated loan from its affiliate, KEPCO International Hong Kong Ltd., to partially bridge finance a portion of costs to complete its two 100-megawatt power plants in Naga City, Cebu. The total project cost of two circulating fluidized bed combustion boil coal-fired base load …
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