TransCo borrowing to meet FiT payments
TransCo is in talks with the Asian Infrastructure Investment Bank and World Bank for a Ps20 billion ($395 million) loan to help it pay a backlog of FiT payments to renewables developers in the Philippines.
TransCo is in talks with the Asian Infrastructure Investment Bank and World Bank for a Ps20 billion ($395 million) loan to help it pay a backlog of FiT payments to renewables developers in the Philippines.