International Finance Corporation ( the Energy Development Corporation ) issued a green bond worth $90m in Philippine pesos to support the development of renewable energy, especially geothermal, in the country. The bond will have a 15 year maturity and will help fund projects by IFC . CEST Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans. It is the first green bond to be issued by a multilateral development institution in Philippine pesos.
International Finance Corporation ( the Energy Development Corporation ) issued a green bond worth $90m in Philippine pesos to support the development of renewable energy, especially geothermal, in the country. The bond will have a 15 year maturity and will help fund projects by IFC . It is the first green bond to be issued by a multilateral development institution in Philippine pesos.