ib vogt APAC has achieved financial close for Project Luca, a 99 MWp solar photovoltaic (PV) and battery energy storage system (BESS) project located in Barangay Luca, Ajuy, Iloilo Province, Philippines. The company signed an Omnibus Loan and Security Agreement (OLSA) for a PHP4.5 billion (approximately USD75 million) senior debt facility provided by Rizal Commercial Banking Corporation (RCBC), with RCBC Capital Corporation serving as lead arranger.
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