Global Trade Alert
Global Trade Alert

Philippines: DBP provided P 2.1 billion financing to two hydro energy companies

Announcement

20 Jan 2022

In January 2022, the Development Bank of the Philippines (DBP) provided loans of P 2.1 billion (USD 40.76 million) to Matuno River Development Corporation and Taft Hydroenergy Corporation under the Financing Utilities for Sustainable Energy Development. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Jan 2022

Revocation date:

No revocation date

Updated: 20 Jan 2022
State loan In force
On 20 January 2022, the Development Bank of the Philippines (DBP) provided a loan of P 1 billion (USD 19.41 million) to Taft Hydroenergy Corporation (THEC) under the Financing Utilities for Sustainabl...
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Updated: 20 Jan 2022
State loan In force
On 20 January 2022, the Development Bank of the Philippines (DBP) provided a loan of P 1.1 billion (USD 21.35 million) to Matuno River Development Corporation (MRDC) under the Financing Utilities for ...
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