BDO strengthens its commitment to renewable energy

BDO Unibank Inc. (BDO) remains committed to a sustainable future as it continues to provide access to capital and funding requirements to clients' significant projects to achieve their goals while preserving the environment. As a key contributor to help accelerate the Philippine economy, the bank continues to engage and lend eco-friendly companies to fuel long-term development and business success while protecting the planet.

Surallah Power Generation Inc. produces renewable biomass energy through its biomass-fired power plant in South Cotabato. It started out as a producer of veterinary products and animal feeds. When the company discovered that the agricultural waste is best recycled into biomass energy to create a sustainable energy source, they recognized the need for a reliable banking partner who will provide financing as they venture into the power plant business. Surallah approached BDO given its reputation as a pioneer in sustainable finance in the country. The partnership has been successful, and Surallah is now constructing its second biomass-fired power plant in Palawan.