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Alternergy successfully raises P2 billion from maiden notes issue
Alternergy successfully raised P2 billion from its fixed-rate notes issuance, marking the company’s maiden venture into the Philippine debt capital markets. The 1.5-year notes carries a very strong investment-grade rating of PRS Aa Minus with a Stable Outlook. The Issue was oversubscribed and received an overwhelming response from more than 125 Qualified Buyers (QBs), with the marketing period shortened. Listed on the Philippine Dealing & Exchange Corporation (PDEx). Proc
3 days ago


Alternergy delivers stronger operating performance as revenues increase 31% and EBITDA grows 39%
Alternergy’s consolidated revenues grew 31% to P471.8 million and EBITDA increased 39% to P553.8 million. Gross profit climbed 44% to P272.6 million and gross profit margin improved to 58%; consolidated net income was P168.2 million, broadly stable year-on-year. Kirahon Solar, Palau Solar, Pililla Wind, and newly operating Balsik Solar made significant contributions. Total asset base expanded 38% to P24.6 billion, reflecting investments in Alternergy’s two largest projects, T
Sep 24


Alternergy to issue P2 billion fixed-rate notes to support growth
Alternergy’s Board of Directors approved the company’s P2 billion fixed-rate notes issuance, marking the company’s maiden venture into the Philippine debt capital markets. The 1.5-year notes, to be offered to Qualified Institutional Buyers (QIBs), received a very strong investment grade rating of PRS Aa Minus with a Stable Outlook. Proceeds will primarily support the pre-development requirements of projects awarded under GEA 4, other projects in Alternergy’s development pip
Sep 17


Alternergy earns PRS Aa Investment Grade rating from PhilRatings
PhilRatings assigns a very strong investment grade credit rating of PRS Aa minus with Stable Outlook to Alternergy for its proposed fixed rate corporate notes issuance of up to P2 billion, citing the company as “high quality with very low credit risk, and very strong capacity to meet its financial obligations”. The rating recognizes Alternergy’s growing renewable energy portfolio, experienced leadership and pioneering track record in clean energy, strengthening financial perf
Aug 17


Alternergy’s Tanay wind delivers first power to the Luzon grid
Alternergy’s 128 MW Tanay Wind Project began delivering its first power to the Luzon grid, marking a major milestone toward full commercial operations. Achieved exactly three years after winning the project under DOE’s GEAP II, Tanay is the first among GEAP II-awarded wind projects to generate electricity. Through the NGCP’s transmission network, electricity generated by the Tanay Wind Project can now be transmitted across Luzon. Once fully operational, the project will power
Jul 31


Alternergy closes P2.3 billion wind investment by A Brown Company
A Brown Company, Inc., through its energy subsidiary ABC Energy Inc. completed its P2.3 billion investment in Alternergy’s Tanay and Alabat wind projects, acquiring 40% equity stake in each project company. Alternergy retains 60% majority ownership and management control of both wind project companies. Represents a major milestone in Alternergy’s long-term growth strategy, demonstrating its ability to attract strategic partners and recycle capital efficiently to support its
Jul 21


Alternergy reaches major milestone with Tanay Wind Project energization
Successful energization of massive 500 kV Tanay substation and transmission facilities, Alternergy’s largest substation built to date Major commissioning milestone confirms the project’s electrical systems are ready ahead of commercial operations First wind project energized under the DOE’s GEAP II, awarded in 2023 Project features the largest 8MW wind turbines ever erected outside of China Supports Alternergy’s goal of developing 500 MW renewable capacity in 2026 Altern
Jul 10


Dupinga Mini Hydro Power Plant awarded Certificate of Compliance from ERC
Dupinga Mini Hydro Corporation (DMHC) has secured the Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for the 5 MW Dupinga Run-of-River (ROR) Power Plant, paving for the facility’s commercial operations. DMHC is a joint partnership between Alternergy Mini Hydro Holdings Corporation (AMHHC), Markham Resources Corporation (Markham) and Nueva Ecija II – Area 2 Electric Cooperative, Inc. (NEECO II – Area 2). “The complete COC license confirms our fu
May 28


From Hormuz to Home Solar and Hybrid Cars: The Philippines' Energy Transition Dividend
By Vince S. Pérez, Former Philippine Energy Secretary, Altemergy Chairman The Philippine Star | May 7, 2026 Dubai crude at US$105 a barrel. Asian LNG at US$30 per million British thermal units. A regional energy bill US$300 billion higher than a year ago. For us in the Philippines — which imports nearly all its oil and is watching the Malampaya gas field slowly deplete in real time — the cost is uncomfortably personal. The 2026 US Israel Iran war has handed our country its st
May 11


Alternergy gauges market readiness for P5 billion share sale
Even after securing regulatory approval, Alternergy president Gerry Magbanua said any share issuance would still be carefully scheduled to align with the prevailing market environment. MANILA, Philippines — Alternergy Holdings Corp. is taking a wait-and-see approach for its planned P5-billion capital raise, carefully timing it to local market signals and global conditions amid Middle East tensions. Even after securing regulatory approval, Alternergy president Gerry Magbanua s
Apr 15
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