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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

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