Tag: RCBC

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RCBC to offer fixed-rate peso bonds for growth, sustainability

Rizal Commercial Banking Corp. (RCBC), the country’s sixth largest lender, has announced plans to issue fixed-rate peso-denominated bonds under its updated P200 billion bond and commercial paper program. This move signals the bank’s commitment to enhancing its capital structure and supporting strategic initiatives.

Alternergy secures bulk of funding for Alabat wind farm

Renewable energy pioneer Alternergy Holdings Corp., through its subsidiary Alabat Wind Power Corp., has received ₱3.26 billion in funding from Rizal Commercial Banking Corp. (RCBC) for its flagship 64-megaWatt (MW) wind farm in Quezon province.

ACEN secures P34.41B Loan for Quezon-Laguna wind farm

ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.

Alternergy secures P800M funding for Bataan solar project

Alternergy Holdings Corp., a listed renewable energy, has secured two tranches of funding from Rizal Commercial Banking Corp. (RCBC) for its 28 megaWatt-peak Balsik Solar Power Project in Hermosa, Bataan.

EPI secures P5.175B loan for Cawag Solar

Emerging Power Inc. (EPI), the renewable energy arm of Nickel Asia Corporation (NAC), has secured a P5.175-billion senior term loan facility from Rizal Commercial Banking Corporation (RCBC) to fund the construction of its 145-megawatt peak (MWp) Cawag solar power project in Subic, Zambales.

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Aboitiz Group helping professionalize meat industry sector workers with Tesda, IVTSI

Aboitiz-led Pilmico Animal Nutrition Corp. has teamed up with Infinity Vocational Training School Inc. (IVTSI) and the Technical Education and Skills Development Authority (TESDA) to deliver hands-on training at its Tarlac Meatmasters facility—the country’s first Triple AAA-accredited multi-meat processing plant.

DOE prepares power distributors for nuclear energy integration, unveils tender plan

The Department of Energy (DOE) is building the capacity of distribution utilities (DUs) to support the future addition of nuclear power to the country’s energy mix, as outlined in the Philippine Energy Plan 2023–2050.

Mixed fuel price adjustments expected; 203 power firms warned by DOE

The Department of Energy (DOE) announced on Monday that fuel prices will see mixed adjustments this week, even as global crude markets begin to stabilize.

Philippines, Denmark deepen ties vis development financing

The Philippines and Denmark have signed a new financing cooperation agreement aimed at unlocking investments for infrastructure, renewable energy, climate action and other priority sectors, reinforcing Manila's push to tap global partnerships to Jo support long-term economic growth.

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