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Manila Bulletin devider Business devider Trade & Industry devider Vena Group taps Southeast Asia, Philippine markets for energy expansion

Vena Group taps Southeast Asia, Philippine markets for energy expansion

Published Aug 20, 2025 02:01 pm
Singapore-based Vena Global Group Pte. Ltd. (Vena Group) reported that Southeast Asia holds the largest share of its energy portfolio so far this year, as it is driven partly by activities in the Philippine market.
In a statement, Vena Group said it has about 3.8 gigawatts (GW) of operating, construction, and contracted (OCC) energy projects in Southeast Asia, which includes the Philippines, Singapore, Malaysia, Indonesia, and Thailand.
While Vena Group has yet to disclose the Philippines’ share of the regional total, the company noted that Southeast Asia has been its largest contributor so far this year, with its global OCC portfolio reaching 9.7 GW.
While Vena Group did not name specific Philippine projects as of current, it is considered part of its Southeast Asia strategy, where it plans to scale up construction, expand its Green Fund platform, and develop green digital infrastructure through its green digital infrastructure platform, Vena Nexus.
The Green Fund platform, which was launched in 2019, allowed Vena Group to partner with investors to partially sell stakes in five Japanese solar projects while keeping long-term ownership and operational control.
Since then, the company launched more partnerships to provide investors access to RE assets of its green energy provider, Vena Energy.
So far, Vena Energy has about 38-GW worth of onshore wind, solar, and offshore wind projects, 25 GW-hour (GWh) of battery energy storage systems (BESS), among others.
Nitin Apte, chief executive officer (CEO) of Vena Group, said the company is looking to boost its funding. He stated, “As we grow existing partnerships with institutional investors and build new ones across Japan, North Asia-Pacific, and Southeast Asia, we expect to enhance our ability to fund our accelerated construction program, continue expanding across the region, and return capital to investors.”
Vena Group continues to be a green solutions provider across the Asia-Pacific region, managing two of its renewable arms, Vena Energy and Vena Nexus, which currently has around 3-GW worth of artificial intelligence (AI)-ready data centers.
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