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BusinessWorld

LANDBANK OKs P800-M loan for Palawan microgrid projects

LAND BANK of the Philippines (LANDBANK) said it approved an P800-million financing package for Archipelago Renewables Corp. (ARC), which plans to develop hybrid renewable energy microgrids in Palawan. The company will build 16 microgrids and a 175-kilometer distribution network capable of supplying electricity to about 7,100 households, more than 300 small businesses, and key community […]

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Source: bworldonline.com

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