SB Capital seals P2.02-B financing for Isabela solar project - BusinessWorld Online

SB Capital seals P2.02-B financing for Isabela solar project - BusinessWorld Online

SB CAPITAL INVESTMENT Corp., the investment banking arm of Security Bank Corp., has closed a P2.015-billion financing facility for a solar power project in San Pablo, Isabela, as part of the bank’s push to support renewable energy. The facility will fund the construction and development of Solar Valley Energy Solutions, Inc., a 65-megawatt-peak (MWp) ground-mounted solar power project, the bank said in a statement on Thursday. The project is a j…