SAN Buenaventura Power Ltd. Co. expects to consummate a P40-billion financing deal for a 455- megawatt (MW) coal-fired power plant in Mauban, Quezon.
San Buenaventura is controlled by Meralco PowerGen Corp., the power generation arm of Manila Electric Co. (Meralco), the country’s largest power distributor. The power plant is estimated to cost P49.5 billion.
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