Sun Life looks to invest in renewable-energy projects

HAVING earlier invested in a power-generation project in Mindanao, Sun Life of Canada (Philippines) Inc. (Sun Life) eyes more investments in the country’s infrastructure buildup program, but this time on the renewable-power sector.

This was learned from Sun Life President and CEO Rizalina G. Mantaring, who said the insurer looks to make additional investments in the renewable-energy (RE) sector.

“We’re really looking at more infrastructure investments. This one is in RE,” Mantaring told financial reporters on Friday at the Sun Life head office in Taguig City.

Sun Life made its first infrastructure investment last year in a power plant project in Mindanao through a 12-year loan agreement. It is now in talks with parties who are looking for investors.

Read more here.

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