Philippines Largest Wind Farm Gets $20 Million Loan From ADB
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The Asian Development Bank agreed to lend as much as $20 million to help finance the biggest wind farm in the Philippines.
ADB has signed a financing assignment agreement with the project operator EDC Burgos Wind Power Corp., Eksport Kredit Fonden, and a syndicate of international banks for the 150-megawatt Burgos wind power project, according to a statement on the ADB’s website on Friday.