Mercom Insider

IFC Announces Investment of $75 Million in AC Energy’s Green Bonds

The green bond issue is expected to help AC Energy meet its target of developing up to 5 GW of renewable energy projects in South East Asia and Pacific region

February 20, 2019

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The International Finance Corporation (IFC) has announced that it has committed an investment of $75 million in the first-ever listed green bond issued and guaranteed by AC Energy, the power arm of Philippines based Ayala Corporation.

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