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Company Seeks U.S.$5 Million for Hydro Project

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[The Herald] Honde Hydro Power Consolidated (HHPC), a wholly owned subsidiary of PGI Group Limited, is seeking to raise $5 million through issuance of a secured corporate debenture with a tenure of five years to fund a 2,3 megawatts hydro power project. The bond has since been granted Prescribed Asset Status by the Ministry of Finance and Economic Development. The funds raised will be used to develop the Hauna hydro power station.HHPC is involved in the development and management of hydro power stations in Honde Valley ......

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