Hedcor Sibulan Inc, a wholly owned subsidiary of Philippines' Aboitiz Power Corporation, has secured debt financing from a consortium of local banks for two hydropower projects it is developing on the island of Mindanao. A 12 year loan of Peso 3.5 billion (US$ 81.8 million) was extended to the company by the Metropolitan Bank & Trust Company, the Rizal Commercial Banking Corporation and the Philippine National Bank. The 16 MW Baroring and 26 MW Sibulan run-of-river schemes are being developed at Santa Cruz in the province of Davao del Sur at an estimated cost of Peso 5 billion ($116.8 million).
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机译:菲律宾Aboitiz Power Corporation的全资子公司Hedcor Sibulan Inc已从当地银行财团获得债务融资,用于其在棉兰老岛上开发的两个水电项目。大都会银行与信托公司,黎刹商业银行公司和菲律宾国家银行向该公司提供了一笔为期12年的比索35亿比索(8180万美元)的贷款。正在达沃德尔苏尔省圣克鲁斯开发16兆瓦的Baroring和26兆瓦的Sibulan河道运行计划,估计成本为50亿比索(1.168亿美元)。
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