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Green Finance / Treasury & Capital Markets
Philippines’ Meralco closes US$2.65 billion solar deal
Funding backs project seen as critical to meeting national renewable energy goals
Patricia Chiu   24 Apr 2025
Meralco PowerGen Corporation ( MGen ), a wholly owned subsidiary of power distribution giant Meralco, through its affiliate Terra Solar Philippines ( MTerra Solar ), has closed its 150 billion Philippine peso ( US$2.65 billion ) syndicated loan to fund its Terra Solar project.

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