Hydropower firm secures P2.6-B loan from LANDBANK for Bukidnon project - BusinessWorld Online

Repower Energy Development Corp. (REDC) has secured a P2.6-billion loan from the Land Bank of the Philippines (LANDBANK) for a 15-megawatt hydropower plant project in Bukidnon province, the state-owned bank announced on Tuesday. READ:

The Pulangi River in Bukidnon. — DPWH

In a statement, LANDBANK said the loan agreement signed Dec. 6 will partially finance the renewable energy project that will be handled by REDC subsidiary Cabanglasan Hydropower Corp.

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