Nickel Asia Subsidiary Gets Additional Funding Needed for 2016 Clean Energy Projects

Taguig—(PHStocks)—Nickel Asia Corp. (NAC, PSE: NIKL) today announced that its Board of Directors have approved an additional equity contribution of PhP660 million to its 66%-owned renewable energy (RE ) subsidiary, Emerging Power Inc. (EPI), and a PhP1.5 billion three-year term loan to be provided by NAC. These funds, together with bank financing at the project company level, will complete EPI […]
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