Bank of the Philippine Islands (BPI) has strengthened its leadership in sustainable finance by extending a P6.1-billion project finance facility to renewable energy developer Cornerstone Energy Development Inc. (CEDI), a subsidiary of Aboitiz Renewables Inc.
Aboitiz Renewables Inc., the renewable energy arm of Aboitiz Power Corp., has energized the 173-megawatt peak Calatrava Solar Project in Negros Occidental, marking a significant addition to the company’s growing renewable energy portfolio.