Aboitiz-led consortium gets P70-B loan for CBK hydroelectric power plant

MANILA, Philippines — An Aboitiz-led consortium has obtained up to P70 billion in bridge loan facilities to partially finance its acquisition of the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plant complex. In a regulatory filing on Tuesday, Aboitiz Power Corp. said its wholly owned subsidiary, Aboitiz Renewables Inc. (ARI), informed the company that the Thunder Consortium had