Razon-led Manila Water Co., Inc. has secured a loan facility of up to P27 billion from BDO Unibank, Inc. to partially finance its acquisition of the Wawa bulk waterRazon-led Manila Water Co., Inc. has secured a loan facility of up to P27 billion from BDO Unibank, Inc. to partially finance its acquisition of the Wawa bulk water

Manila Water secures up to P27-B BDO loan facility for Wawa project

Razon-led Manila Water Co., Inc. has secured a loan facility of up to P27 billion from BDO Unibank, Inc. to partially finance its acquisition of the Wawa bulk water supply project.

In a regulatory filing on Wednesday, Manila Water said the 15-year term loan facility will be used to fund the purchase of a 92.97% stake in WawaJVCo, Inc., the project’s operator.

Last year, Manila Water acquired the Wawa Bulk Water Supply Project from its parent firm Prime Infrastructure Capital, Inc. (Prime Infra) for P37.8 billion, giving the listed water concessionaire full ownership of the project.

WawaJVCo, a joint venture between Prime Infra and San Lorenzo Ruiz Builders & Developers Group, was formed to develop, operate, and maintain the Wawa Bulk Water Supply Project in Rizal province.

The project is a major raw water source infrastructure facility intended to help augment Metro Manila’s water supply, which remains largely dependent on Angat Dam. — Sheldeen Joy Talavera

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
Từ Đường Đua MotoGP Đến Bảng Điện Tử: Giải Mã “Sứ Mệnh Mới” Của Huyền Thoại Jorge Lorenzo Cùng Bitget

Từ Đường Đua MotoGP Đến Bảng Điện Tử: Giải Mã “Sứ Mệnh Mới” Của Huyền Thoại Jorge Lorenzo Cùng Bitget

Trong thế giới của tốc độ, một phần nghìn giây có thể định đoạt ngôi vương hoặc thất bại. Trong [...] The post Từ Đường Đua MotoGP Đến Bảng Điện Tử: Giải Mã “Sứ
Share
Vneconomics2026/01/28 17:18
‘Rich Dad Poor Dad’ Author: Selling My Bitcoin Was Big Mistake

‘Rich Dad Poor Dad’ Author: Selling My Bitcoin Was Big Mistake

The post ‘Rich Dad Poor Dad’ Author: Selling My Bitcoin Was Big Mistake appeared on BitcoinEthereumNews.com. “Selling some Bitcoin was a big mistake” Kiyosaki is
Share
BitcoinEthereumNews2026/01/28 17:33