MANILA, Philippines—A wind farm project funded by the Rizal Commercial Banking Corp. (RCBC) was cited as Vietnam’s renewable energy deal of the year for wind power by The Asset magazine, the bank said on Friday.
In a statement, the Yuchengco-controlled financial institution said RCBC and RCBC Capital Corp. were lender and mandated lead arranger, respectively, of the BT1 Windfarm Joint Stock Company’s $118.28-million project finance facility in Vietnam.
The financing activity won the award during the The Asset Triple A Infrastructure Awards 2021. The awards ceremony will be held virtually next month.
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