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                    [ArticleID] => 291653
                    [Title] => MB okays $12.5-M loan application of Northwind Power
                    [Summary] => The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved the $12.5-million loan application of Northwind Power Development Corp.


BSP Governor and MB chairman Amando Tetangco Jr. said they approved the mixed credit facility of the Danish-Filipino consortium that would put up a 25-megawatt (MW) wind power facility in Bangui Bay, Ilocos Norte.


The 10-year loan, Tetangco said, would be guaranteed by Tidcorp and will be based on commercial interest rates or a margin of 20 basis points.


                    [DatePublished] => 2005-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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ILOG WIND PROJECT

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                    [ArticleID] => 291653
                    [Title] => MB okays $12.5-M loan application of Northwind Power
                    [Summary] => The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved the $12.5-million loan application of Northwind Power Development Corp.


BSP Governor and MB chairman Amando Tetangco Jr. said they approved the mixed credit facility of the Danish-Filipino consortium that would put up a 25-megawatt (MW) wind power facility in Bangui Bay, Ilocos Norte.


The 10-year loan, Tetangco said, would be guaranteed by Tidcorp and will be based on commercial interest rates or a margin of 20 basis points.


                    [DatePublished] => 2005-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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abtest

MB okays $12.5-M loan application of Northwind Power

By Donnabelle L. Gatdula | August 15, 2005 - 12:00am

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved the $12.5-million loan application of Northwind Power Development Corp. BSP Governor and MB chairman Amando Tetangco...

Business