VICENTE PÉREZ JR.

Chair

Alternergy Holdings Corp.

2024 was a transformative year for Alternergy’s growth story.

In just 15 months as a listed company, Alternergy successfully raised P20 billion, fueling our growth and laying the groundwork to achieve our “Road to 500 megawatts (MW)” target by 2026.

We seized the momentum of the growing sustainability market by launching our own Green Finance Framework, which is supported by the Asian Development Bank and a Second Part Opinion from DNV (Thailand) Co. Ltd.

This Green Finance Framework helped facilitate the closing of the P20-billion financing.

For 2025, we are excited to see the completion of four projects.

Two wind power projects (128 MW Tanay Wind Power Project and 64 MW Alabat Wind Power Project), one solar project (28MW Balsik Solar Power Project) and one runoff-river (ROR) hydro project (4.6MW Dupinga ROR Hydro Project) will start spinning by 2025 and are expected to provide significant boost in revenues.

We are also gearing up for the next phase of capital raising to meet equity needs for our new pipeline of projects to complete the Road to 500 MW target by 2026.