Pagbilao Gas-Fired Power Plant
Sector: Natural Gas • Location: Philippines
Source: World Bank Group
The PHP17.65bn (US$380m) project entails the development of the 650MW combined cycle gas-fired power plant in Pagbilao, Quezon Province, the Philippines. Construction started in 2014 and operations are expected to start in 2016.
Borrower is Energy World Power Operations Philippines. Sponsor is Energy World Corp. Legal advisers to consortium are Hogan Lovells and Sycip. Legal advisers to lender
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Participants
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Status
Original status | Active |
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Taiyo last update | 00-00-0000 |
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Description
Description | The PHP17.65bn (US$380m) project entails the development of the 650MW combined cycle gas-fired power plant in Pagbilao, Quezon Province, the Philippines. Construction started in 2014 and operations are expected to start in 2016. Borrower is Energy World Power Operations Philippines. Sponsor is Energy World Corp. Legal advisers to consortium are Hogan Lovells and Sycip. Legal advisers to lender are Abuda Asis & Associates and Marsden Law. Financing comprises a PHP6.75bn 5-year term loan and a PHP10.9bn equity. MLAs are Development Bank of Philippines, Land Bank of the Philippines and Asia United Bank. Financial close occurred on 18 September 2015. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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