Alternergy secures P1-B loan for Bataan solar project

ALTERNERGY Holdings Corp., through its unit Solana Solar Alpha, Inc., has secured a P1-billion loan from Rizal Commercial Banking Corp. (RCBC) to fund the construction of its 28-megawatt-peak (MWp) Balsik Solar Power Project in Hermosa, Bataan. “We have signed the omnibus loan and security agreement for our Balsik Solar Power Project,” Alternergy President Gerry P.