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Global Trade Alert

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Philippines: DBP provided PHP 1.8 billion loan facility to PetroWind Energy, Inc

Description

On 22 February 2023, the Development Bank of the Philippines (DBP) provided a PHP 1.8 billion (USD 32.69 million) loan facility to PetroWind Energy, Inc to finance the development of a 13.2-megawatt N...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Feb 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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