Global Trade Alert
Global Trade Alert

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

Announcement

22 Feb 2023

In 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 Nabas-2 wind power project in Aklan province.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Feb 2023

Revocation date:

No revocation date

Updated: 22 Feb 2023
State loan In force

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-megawat...

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