ThomasLloyd and IFC sign definitive loan agreements for USD 161 million for the financing of biomass power plants in the Philippines.

ThomasLloyd CTI Asia Holdings Pte Ltd, a wholly-owned subsidiary of ThomasLloyd SICAV-SIF-Cleantech Infrastructure Fund, the International Finance Corporation (IFC), a member of the World Bank Group, with support from the Government of Canada and the Clean Technology Fund, Bronzeoak Philippines Inc and WBE (Hong Kong) International Green Energy Limited today signed definitive loan agreements for USD 161 million for the 70 MW biomass portfolio on Negros Island in the Philippines. The project portfolio includes San Carlos Biopower Inc, South Negros Biopower Inc and North Negros Biopower Inc.

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