Inside ASEAN
PetroGreen Secures ₱1.24 Billion Loan for Isabela Solar Plant
RCBC financing will partly fund a two-phase project with separate arrangements to supply a local electric cooperative and the Luzon grid.
Inside ASEAN IntelligenceOrganisation profile
CompanyPhilippines
PetroGreen Energy Corporation
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Business overview
Company backgroundPetroGreen Energy Corporation is a renewable energy company in the Philippines focused on operating and developing geothermal, wind, and solar power projects.
The company was established in 2010 and is headquartered in Manila, Philippines. PetroGreen Energy Corporation is a subsidiary of the Yuchengco Group and has major shareholders including PetroEnergy Resources Corporation (75%) and Kyuden International Corporation (25%).
Kyushu Electric has invested in and participates in the management of PetroGreen Energy Corporation to support renewable energy growth and decarbonization in the Philippines. PetroGreen Energy Corporation plans to actively expand its renewable energy business in the Philippines.
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