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Nexif Ratch Energy Secures Financial Close for Its 145MWp Bacolod Solar Power Project in Partnership with Negros PH Solar Inc

Oct 13, 2024over 1 year ago

Contract Type

partnership

ChinaEnergyOil And GasRenewable Energy

Description

Nexif Ratch Energy has announced the financial close of its 145MWp Bacolod Solar Power Project in partnership with Negros PH Solar Inc. The project, located in the Negros Occidental province, will provide solar power to thousands of households and is funded through a collaboration with Security Bank Corporation and Philippine National Bank.

Company Information

Company

Nexif Ratch Energy

Location

China

About

Nexif Ratch Energy, a joint venture company owned 51% by Nexif Energy of Singapore and 49% by Ratch Group of Thailand, headquartered in Singapore with country offices presently in Australia, Philippines, Vietnam and Thailand. It has a portfolio of close to 4,000 MW under ownership and management across Southeast Asia and Australia. The new platform is set for fast growth benefitting from Nexif Energy's and Ratch's proven power expertise and track record as it converts the pipeline and adds new projects.

Predictive Intelligence
Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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