Alternergy Secures $17 Million Financing for 28 MW Solar Project in the Philippines

The project is expected to be completed in the second half of 2025.

January 21, 2025

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Alternergy Holdings, a renewable energy project developer based in the Philippines, announced the closing of a PhP1 billion (~$17 million) senior term loan from the Rizal Commercial Banking Corporation (RCBC) for the development and construction of the 28 MW Balsik solar power project in Hermosa in the province of Bataan, Philippines.

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