Alternergy Holdings Plans P10-Billion Green Bond Program to Fund 320 MW of Renewable Energy Projects

Alternergy Approves Green Bond Program

Alternergy Holdings Corp. plans to raise P10 billion through a fixed-rate green bond program. Furthermore, the company will finance its expanding portfolio of wind and solar projects. The board of directors approved a shelf registration with the Securities and Exchange Commission. Additionally, executives target an initial tranche of up to P4 billion for early 2027. Former Energy Secretary Vicente Perez chairs the firm. Moreover, the financing initiative allows retail investors to participate with a P50,000 minimum threshold.

Proceeds Target GEA-4 Solar and Wind Developments

Green bond proceeds will bankroll 320 megawatts of new renewable developments. These projects stem from the Department of Energy’s fourth Green Energy Auction. Consequently, the pipeline includes two major solar installations in Central Luzon. In addition, the initiative funds a solar and battery storage system in Mindanao plus an 80-MW wind farm in Cebu. Alternergy engages commercial banks to secure complementary project financing for upcoming capital expenditures.

Accelerating Capacity Expansion Toward Gigawatt-Scale Goals

This capital-raising effort accelerates broader capacity expansion. Therefore, the company builds upon operational milestones like the Balsik solar farm and Dupinga hydro plant. Meanwhile, commissioning revenues flow from major wind assets. Diversifying funding sources strengthens financial flexibility. Ultimately, these developments support Alternergy’s long-term trajectory toward achieving a gigawatt-scale operating portfolio by decade’s end.