Vector Renewables consolidates as Bankable Technical Advisor in the Philippines with a new 23MW Hybrid Project
Vector Renewables is pleased to announce its recent appointment as Lender Technical Advisor (LTA) for a 23MW solar PV and diesel hybrid power plant located in Puerto Princesa, Palawan, in the Southern Tagalog region of the Philippines. This project strengthens Vector Renewables' position in the country, enhancing its reputation as a trusted and respected technical advisor to major local lenders.
Vector Renewables' team in the Philippines has carried out a full technical assessment of the project, including energy performance assessment, contractual review and technical analysis of the financial model.
The experience of Vector Renewables in the Philippines demonstrates its ability to handle complex projects and provide high-level technical advice that complies with the demanding standards of banks in the Philippines.
Victor Zuniga, member of the APAC Business Development team, remarked: "The confidence that both Philippine and international banks have in Vector Renewables Philippines, reflects the company's reputation and the professionalism with which we evaluate projects enabling the correct valuation of projects and the associated financing. By integrating our expertise in the Asia Pacific region with the local presence of our Manila office, we are able to support every step of the value chain and every stakeholder involved in the development of a project".
With more than 15 years of experience as an independent advisor, Vector Renewables has performed technical advisory services on more than 205 GW of projects worldwide, covering solar PV, wind, energy storage systems, biomass and green hydrogen projects.
About Vector Renewables
Vector Renewables has provided services in over 40 countries, managing, on behalf of its clients, a portfolio of over 6.2 GW and has a track record of 5 GW in M&A and Legal Advisory services. To date, he has been involved in more than 3,000 projects, which has allowed Vector Renewables to position itself as one of the most relevant companies in the renewable energy industry worldwide.
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