Alternergy gets board nod for loan deal

Quick Summary:

Alternergy Holdings Corp.(ALTER) has secured board approval of the convertible subordinated interest-bearing P4.4-billion loan agreement it forged with its subsidiary.

San Miguel food unit 9-month net income hits ₱30.Alternergy invests ₱2.

These projects will bring the company closer to achieving its capacity target of 500 megawatts.

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Article Details

Author / Journalist: Lenie Lectura

Category: BusinessStartups

Markets: PhilippinesChina

Topics: Project Corp Alternergy Power Wind Company Alter Subsidiary Tanay Board Projects

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 16:08:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23449934

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 84 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 13 hours ago

Coverage Areas: Philippines

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Publication Timezone: GMT +8:00

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Publisher ID: #37

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