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Maynilad Spends 10 Billion Pesos on La Mesa Dam Upgrades

Infrastructure & Energy
Maynilad Spends 10 Billion Pesos on La Mesa Dam Upgrades
The Manila water company is investing 10 billion pesos in upgrades at the La Mesa dam. Oil futures also settled nearly $2 lower on Tuesday on reports of Iranian settlement talks, though prices stayed close to multimonth highs. Developers of water, power, solar and fuel projects are lining up money and buyers.
HPC introduces equity and debt providers to project sponsors and negotiates offtake and financing terms. Our success fee is 2% on projects of about $100 million.
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