Trans-Asia Oil and Energy Development Corp. under Philippine Investment Management Inc. (Phinma) has released P80 million for the 54-megawatt (MW) wind energy project in Guimaras, in addition to the P116 million it earlier released.

In a disclosure to the Philippine Stock Exchange, Trans-Asia said that it “disbursed” the sum from the fund raised from its stock rights offering conducted in November last year, which totaled P1.64 billion.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details