Security Bank Capital Investment Corp., wholly owned investment banking arm of Security Bank Corporation in the Philippines has extended a PHP 2.015 billion (~ $34.81 million) financing facility to Singapore-based Alba Renewables. The financing supported 65 MW ground-mounted solar project in San Pablo, Isabela, intended to supply the Luzon grid. The Solar Valley project, around a quarter completed, was set to deliver power under a fixed 20-year tariff awarded through the Department of Energy Green Energy Auction program. The facility was being developed through a joint venture between Alba Renewables and Soleos Energy Partners Pte. Ltd. following an acquisition by Brookfield Asset Management. The company reported a 1.8 GW pipeline of wind, solar and battery energy storage projects across the Philippines, Singapore and Thailand.