Vena Group secures international financing for its 300 MWp solar plant
Vena Group has finalised a landmark foreign currency financing for its Opus solar project in the Philippines, marking a major milestone for cross-border investments in energy.
| Sector | Énergie Solaire, Photovoltaïque |
|---|---|
| Theme | Investissements & Transactions, Financement, Développement de projets |
Vena Energy, the renewable energy arm of the Asia-based Vena Group, has announced the financial close of its first international project financing in the Philippines. The Opus Solar Energy Project, located in Ilocos Norte province, has an installed capacity of 300 megawatt-peak (MWp). It is the first project financing of its kind in the country’s renewable energy sector to be entirely structured in US dollars by international banking institutions.
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