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