322 views
Photo by Pok Rie via Pexels

Greenergy unit secures $1.05m loan for expansion

This will also fund operations.

Greenergy Holdings Incorporated has granted a $1.05m (PHP 60m) financial assistance to its wholly-owned subsidiary Winsun Green Ventures, Inc.

In a bourse filing, Greenergy said the loan was approved during a Board of Directors meeting on 18 July.

This will be an additional assistance to support Winsun’s growth and operational requirements, and strategic initiatives.

$1 = PHP57.01

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Do coal breakdowns threaten Australia's energy reliability and prices?
Replacing unreliable coal with renewables and storage protects households from price volatility.
Global geothermal investment is set to grow20% a year to 2030
On a dollars-per-watt basis, Rystad estimates district heating costs at roughly US$3 per watt.
India issues 1,870 MW renewable energy tenders in November
Major investments fuel hybrid projects and battery storage, stabilising India's grid.