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                    [ArticleID] => 211978
                    [Title] => SunPower speeds up wafer project
                    [Summary] => Sunpower Philippines Manufacturing Ltd. (SunPower), a US-based company manufacturing solar cells for worldwide distribution, has decided to accelerate is plan to establish a $300-million wafer fabricating facility in the Philippines.


SunPower has approached the Philippine Export-Import Credit Agency (PhilEXIM) for a 100-percent guarantee for a dollar-denominated loan amounting to $200 million.


The guarantee request represents roughly 68 percent of total project cost while the remaining 32 percent will be covered by equity infusion.


                    [DatePublished] => 2003-06-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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CYPRESS MANUFATURING LTD

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                    [ArticleID] => 211978
                    [Title] => SunPower speeds up wafer project
                    [Summary] => Sunpower Philippines Manufacturing Ltd. (SunPower), a US-based company manufacturing solar cells for worldwide distribution, has decided to accelerate is plan to establish a $300-million wafer fabricating facility in the Philippines.


SunPower has approached the Philippine Export-Import Credit Agency (PhilEXIM) for a 100-percent guarantee for a dollar-denominated loan amounting to $200 million.


The guarantee request represents roughly 68 percent of total project cost while the remaining 32 percent will be covered by equity infusion.


                    [DatePublished] => 2003-06-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] =>  Ted P. Torres
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abtest

SunPower speeds up wafer project

By Ted P. Torres | June 30, 2003 - 12:00am

Sunpower Philippines Manufacturing Ltd. (SunPower), a US-based company manufacturing solar cells for worldwide distribution, has decided to accelerate is plan to establish a $300-million wafer fabricating facility...

Business