THE Intellectual Property Office of the Philippines (IPOPHIL) has junked Jollibee Foods Corp.'s trademark case against listed property firm Jolliville Holdings, Corp., saying the names of both companies are not "confusingly similar."

MANILA - Jolliville Holdings Corp is set to commence with its mini-hydro project in Oriental Mindoro.

In a letter to the Department of Energy, Jolliville, through subsidiary Ormin Power Inc, said it will launch its 10-megawatt Inabasan mini-hydro project next week.

MANILA, Philippines - Listed holding firm Jolliville Holdings Inc. plans to pursue two new hydropower projects with a generation capacity of 20 megawatts (MW) worth as much as $75 million.

The company aims to initially ride on the increasing energy demand in Mindoro province before expanding in new areas, its top official said.

MANILA, Philippines - State-owned Development Bank of the Philippines (DBP) has granted a P1.1-billion loan to Ormin Power Inc. for the construction of a 10-megawatt mini-hydro power plant in San Teodoro, Oriental Mindoro.

Renewable energy developer Ormin Power Inc., a unit of Jolliville Holdings Corp., obtained a P1.1-billion loan from the state-run Development Bank of the Philippines to fund its hydroelectric project in Oriental Mindoro province.

The Development Bank of the Philippines (DBP) will be providing Ormin Power Inc., a subsidiary of listed company Jolliville Holdings Corp., a P1.1-billion loan to fund its 10-megawatt hydro-power project in Mindoro.

Development Bank of the Philippines (DBP) president & chief executive officer Gil A. Buenaventura (in white barong, fourth from right) shakes hands with ORMIN Power Inc. chairman Jolly Ting after presenting a ceremonial check representing DBP's P1.1-billion loan assistance for the construction of a 10MW mini-hydro power plant in San Teodoro, Oriental Mindoro.