Arayat solar farm phase 2
Sector: Solar • Location: Philippines
Source: World Bank Group
The project involves the design, construction, operation and maintenance of the 30MWac (43.7MWdc) second phase of Arayat solar farm located in Pampanga province of the Philippines. The 50MWac (72MWdc) phase 1 of the project was constructed in June 2021 and reached its full capacity in March 2022. Greencore Power Solutions 3 Inc. is the special purpose vehicle of the phase 2 solar project. Sponsor
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project involves the design, construction, operation and maintenance of the 30MWac (43.7MWdc) second phase of Arayat solar farm located in Pampanga province of the Philippines. The 50MWac (72MWdc) phase 1 of the project was constructed in June 2021 and reached its full capacity in March 2022. Greencore Power Solutions 3 Inc. is the special purpose vehicle of the phase 2 solar project. Sponsors are Citicore Solar Energy (50%), ACEN Corp (45%), and ACEN's wholly-owned subsidiary ACE Endevor (5%). The SPV received a P2.3 billion ($43.8 million) loan from ACEN to fully finance the second phase, which is scheduled for commercial operations in February 2023. Greencore secured the loan with a real estate mortgage over its real assets, a pledge over its shares, and the project's cash flows. Financial close was achieved on 1 June, 2022. Realfin https://www.philstar.com/business/2022/05/27/2183921/acen-extends-p23-billion-loan-fund-pampanga-solar-farm |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |