The DBP has approved nearly Php 77 billion in loans under its Fused Program, the flagship credit program that seeks to increase access to electricity services in the countryside.
The Development Bank of the Philippines (DBP) ramped up support to the National Government’s energy programs, focusing on projects that promote affordable, reliable, and sustainable solutions to address the country’s energy requirements.
As of December 2022, DBP has approved 92 accounts under the Financing Utilities for Sustainable Energy Development Program (FUSED) Program, 27 of which are renewable energy projects.
Read more: https://www.dbp.ph/newsroom/dbp-loans-to-energy-projects-hit-p77-b/
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