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Trans-Asia unit secures P4.3-B loan for wind farm

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Trans-Asia Oil and Energy Development Corp.’s unit has signed a combined P4.3-billion project financing facility for its 54-megawatt (MW) wind farm project in San Lorenzo, Guimaras province. In a disclosure to the Philippine Stock Exchange, Trans-Asia said its subsidiary Trans-Asia Renewable Energy Corp. (Tarec) sealed the loan deal with the Development Bank of the Philippines

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