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BPI approves P6.1-B loan for Aboitiz wind project - BusinessWorld Online

Summary by bworldonline.com
BANK of the Philippine Islands (BPI) has approved a P6.1-billion project finance loan to renewable energy developer Cornerstone Energy Development, Inc. (CEDI), a subsidiary of Aboitiz Renewables, Inc. The loan will finance Aboitiz Power Corp.’s first wind energy project, a 58.5-megawatt (MW) onshore wind power facility in Libmanan, Camarines Sur, BPI said in a press release on Thursday. “This project reflects the role we envision for BPI in acc…

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BPI approves P6.1-B loan for Aboitiz wind project - BusinessWorld Online

BANK of the Philippine Islands (BPI) has approved a P6.1-billion project finance loan to renewable energy developer Cornerstone Energy Development, Inc. (CEDI), a subsidiary of Aboitiz Renewables, Inc. The loan will finance Aboitiz Power Corp.’s first wind energy project, a 58.5-megawatt (MW) onshore wind power facility in Libmanan, Camarines Sur, BPI said in a press release on Thursday. “This project reflects the role we envision for BPI in acc…

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bworldonline.com broke the news in on Tuesday, March 10, 2026.
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