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PHILMAN

CORPORATE

DISTRIBUTION

CORP.

PHILMAN SOLAR ENERGY PROCEDURE/ REQUIREMENTS FOR

RESIDENTIAL:

This program facilitates the adoption and expansion of renewable energy, energy efficiency, and power distribution projects by offering flexible financing and expert support. It provides the affordable capital needed to empower businesses and communities in transitioning to clean energy, thereby advancing environmental conservation and national energy independence.

Program Coverage
Nationwide

Fund Management Source
Internal Funds

Eligible Borrowers
▪ Sole Proprietorship
▪ Partnership
▪ Corporation
▪ Cooperative
▪ Local Government Unit (LGU)
▪ Financial Institution (FI)
▪ Government Owned and Controlled Corporations (GOCC)/Government Agencies (GA)
▪ Electric Distribution Utilities/Companies (DU)
▪ Wholesale Power Aggregator (WPA)

Loan Purpose▪ Working Capital
▪ Capital Expenditures (CAPEX)
▪ Renewable Energy Power Generation Financing
▪ Energy Efficiency Financing

General Requirements
▪ DTI/SEC/CDA/NEA Registration
▪ For Non-LGU: Board Resolution to borrow
▪ For LGU: Sanggunian Resolution to borrow/BLGF Certificate on NBC/MBO
▪ Valid certificates/permits/licenses/clearances
▪ 3 Year COA audited financial statements
▪ Proposed Project Details
▪ Feasibility Studies
▪ Collateral Documents
▪ Insurance Documents
▪ For Construction: Cost Estimates/Bill of Materials

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