Modern Energy Management (MEM) has been appointed as owner’s representative and technical advisor for Highland Infrastructure’s flagship 250 MW wind project in the Philippines.
On 27 January, Highland closed a US$1m non-recourse loans from SEACEF (Southeast Asia Clean Energy Fund, backed by the Green Climate Fund) to fund the development of the project.
Microsoft, the first large corporation to contribute capital to SEACEF, is also now providing support from its own US$1 billion Climate Innovation Fund into SEACEF.
In 2020, SEACEF approved three projects that represent over 1GW of renewable energy capacity, of which the Highland Infrastructure Philippines project is one.
Due to its size, and to facilitate an effective power sales strategy, the project will be constructed in phases. The first 40 MW is expected to begin construction in the second quarter of 2022.
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