About Us
Alternergy is a Philippine pioneer in renewable energy. With a proven track record of developing, building, and operating groundbreaking renewable power projects in the country, we strive to create a more sustainable future for the next generation. Alternergy takes a Quadruple Bottom Line approach that prioritizes profitability, carbon reduction, host community benefits, and employee fulfillment.
We bring development partners into projects as soon as possible, and we leverage our wind, mini-hydro, and solar (in partnership with Solar Pacific) businesses to bring to life a portfolio of projects aimed at altering the renewable energy landscape in the Philippines.
In addition to establishing offtake agreements through bilateral partnerships and Feed-in-Tariff agreements, Alternergy gives consumers direct access to choose renewable electricity via GESSI, a Retail Energy Supply business that allows green-conscious consumers the opportunity to directly buy renewable electricity.
Alternergy at a Glance
Renewable energy PIONEER in the Philippines since 2008
Poised to become a LEADING renewable energy firm in the country
11
Operating assets
5
Projects under construction
2
Projects in
Pre-development
Diversified “Triple Play” portfolio of investee companies in wind, solar, hydro, offshore wind, and battery storage
Total capacity of operating assets
as of end-2023
86 MW
4 Projects for completion in 2025
225MW
Additional capacity from 2 projects in pre-development and 1 project for completion
191MW
Total capacity in the next two years
502MW
The Three P’s of Alternergy
Pioneering
Alternergy is a company of ‘firsts’, driven to establish new precedents that drive the development of clean energy in the Philippines. We seek out opportunities to tread new paths that lead to positive long-term change for the industry.
Alternergy’s history includes an extensive list of ‘firsts’. Select examples include:
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Bangui Bay, a 33MW commercial wind farm in North Luzon – the first in Southeast Asia. As part of NorthWind, several of Alternergy’s founding partners were involved in the development of Bangui Bay.
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Awarded some of the first contracts from the Department of Energy for wind power.
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First non-recourse project financing for wind and solar project with local banks.
Proven
Across Alternergy’s portfolio of projects, we demonstrate proven capability to deliver in a well-planned and cost-effective way. From securing power supply agreements with local utilities and private commercial customers, to working effectively with permitting agencies, we have shown creativity and resilience on the way to achieving our goals.
Alternergy takes pride in its ability to meet even the most ambitious of construction deadlines – prudently setting aside contingencies in plant construction, handling importation and transport logistics of equipment, and reliably managing sites once they are in operation – all while adhering to health, safety and environment protection best practices.
Partnerships
We see our work through the lens of partnerships: We find the people and organizations who will complement our efforts and support our vision to make the Philippines a leader in clean energy. Communities, government agencies, lenders, co-investors, corporates, and local utilities come together to build projects that will impact the country’s energy future.
The Story of Alternergy
From boardrooms to classrooms, from windswept ridges to raging upland rivers, and from sun-soaked idle lands to scenic islands in the Pacific Ocean, the stories in this book will take readers to the highs and lows of Alternergy in its first 15 years. It is a valuable resource for renewable energy entrepreneurs and climate activists, containing many essential lessons. The success of Alternergy is a narrative on how companies can work smart and have fun at the same time.