Alternergy lends P4.45 billion to wind subsidiary




ALTERNERGY Holdings Corp. has lent up to P4.45 billion to its wholly owned subsidiary, which may be converted into an additional 5,000 subscription shares at P889,000 apiece. In a regulatory filing on Wednesday, Alternergy said its board approved entering into a convertible subordinated interest-bearing loan agreement with Alternergy Wind Holdings Corp. The board also approved […]



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