Alternergy declares dividends as four new projects reach completion in 2026
Alternergy Holdings Corporation (PSE: ALTER), a Philippine pioneer in renewable power
development, today announced that its board of directors has declared cash dividends for its common shareholders. This is the second common dividend declaration since its initial public offering in March 2023.
The board approved a cash dividend of one centavo (P0.01) per share, amounting to P40 million, payable to shareholders of record as of 20 November 2026. The dividends will be paid on 26 November 2026.
“Once again, we are pleased to declare dividends to our common shareholders, who represent a mix of retail, institutional and foreign investors,” said Gerry Magbanua, president of Alternergy Holdings Corporation. “While modest, this dividend declaration, reflects our continued financial discipline and focus on long-term sustainability. It also demonstrates our commitment to delivering value to our investors as our portfolio continues to grow and mature,” he added.
Alternergy previously paid dividends to preferred shareholders in 2024 and 2025.
The dividend declaration comes as Alternergy achieves major project milestones across its renewable energy portfolio.
Earlier this year, the company commenced operations of its 28 MWp Balsik Solar Power Farm in Hermosa, Bataan, and its 4.6 MW Dupinga Run-of-River Power Plant in Gabaldon, Nueva Ecija. The completion of Dupinga also brings Alternergy’s Triple Play strategy into operation, establishing a diversified renewable energy portfolio spanning wind, solar, and run-of-river hydro technologies.
Meanwhile, both the 128 MW Tanay Wind Farm and the 64 MW Alabat Wind Farm have
recently been energized and are already generating and earning pre-commissioning revenues, with at least eight wind turbines currently supplying power to the Luzon grid.
“With the upcoming completion of the Tanay and Alabat Wind Farms in the coming months, we expect more robust financials that will yield more value to our shareholders from our Triple Play portfolio,” Mr. Magbanua also said.
