MGEN closes $2.6bn MTerra Solar financing
Meralco PowerGen Corp. (MGen) has closed a PHP150 billion ($2.65 billion) financing to support its 3.5GW MTerra Solar project with 4.5GW of battery storage in Luzon. The loan deal was backed by the country’s major lenders: BDO Unibank, Security Bank Corp, China Banking Corp, Philippine...