On Manila Daily News: BPI grants Italpinas loan for green condo tower 2

Posted by Primavera Residences on

Atty. Jose D. Leviste III, President and Architect Romolo V. Nati, Chairman and CEO of Italpinas EuroAsian Design and Eco-Development Corp. sign a PhP 180-million Green Development Loan with the Bank of the Philippine Islands (BPI) represented by Mr. Alfonso L. Salcedo, Jr., Executive Vice President and Group Head, Corporate Banking Division and Mr. Mario B. Palou, Senior Vice President. The loan will partially finance construction of Italpinas’ Primavera Residences Tower 2 in Cagayan de Oro City.

The Bank of the Philippine Islands (BPI) recently granted a PhP 180-million green development loan to Italpinas EuroAsian Design and Eco-Development Corporation to partially finance the construction of its Primavera Residences Tower 2.

The Bank of the Philippine Islands (BPI) recently granted a PhP 180-million green development loan to Italpinas EuroAsian Design and Eco-Development Corporation to partially finance the construction of its Primavera Residences Tower 2.

“BPI advances its Sustainable Energy Finance (SEF) by continuing to support the energy investments of its clients,” BPI said in a statement. “In collaboration with International Finance Corporation (IFC), the four-year old innovative financing approach funds various efficient and renewable technologies all over the country.”

The loan agreement was signed last month at the BPI Head Office by Architect Romolo Nati, Chairman and CEO, and Atty. Jose D. Leviste III, President, in behalf of Italpinas and by Mr. Alfonso L. Salcedo, Jr., Executive Vice President and Group Head, Corporate Banking Division and Mr. Mario B. Palou, Senior Vice President for BPI.

BPI is the third ranked universal bank in the country with over 809 branches (inclusive of 105 kiosks and five branches abroad) and 2,542 automated teller machines (ATMs) which together form Expressnet, the largest combined network of branches/kiosk units and ATMs, servicing the largest number of bank customers, including over one million overseas Filipinos.

Read story here.

February 25, 2013, Mindanao Daily News

BPI, Italpinas partner for Eco Development

Posted by Primavera Residences on

The Bank of the Philippine Islands (BPI) and Italpinas, EuroAsian Design and Eco-Development Corporation (Italpinas) signed a Memorandum of Agreement to mark its commitment to sustainable options.

Italpinas pursues ecologically-sound buildings by incorporation the use of solar panels, high-efficient air-conditioning system and state-of-the-art design among others.

Its previous endeavor has been recognized by reputable institution as “green and responsible”. Working together for the construction of Primavera Residences Phase 2 in Cagayan de Oro, both parties show “green development” is increasingly being carried out in newer real estate projects.

BPI advances its Sustainable Energy Finance (SEF) by continuing to support the energy investments of its clients. In collaboration with the International Finance Corporation (IFC), the four-year old innovative financing appoach funds various efficient and renewable technologies all over the country

 

Featured by MyBPIOnline, 5 February 2013

‘Green’ Project in Cagayan de Oro Eyed

Posted by Primavera Residences on

ITALPINAS INC. is putting up the first “green” eco-sustainable building complex in Cagayan de Oro, which is capable of generating part of its own electricity requirements for the buildings’ common spaces.

In a briefing yesterday, Italpinas chief executive Romolo Nati said the building was designed to have energy-saving and energy-generating features as the two buildings will be equipped with solar panels at the rooftop.

Nati said the use of solar panels could help lower the electricity bill that will be charged to tenants for the use of the common areas and facilities such as the gym and hallways, among others.

 

– Amy R. Remo

Featured by the Philippine Inquirer, 23 December 2009