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Manila Bulletin devider Business devider The Stock Market devider Repower Energy hits ₱330-million profit as new projects pay off

Repower Energy hits ₱330-million profit as new projects pay off

Published Apr 15, 2026 01:43 pm
Repower Energy Development Corp. (REDC) reported more than twofold increase in profit as the hydropower operator reaped the benefits of new capacity and the deployment of capital raised from its stock market debut.
In a disclosure to the Philippine Stock Exchange on Wednesday, April 15, the renewable firm said its net income jumped 117 percent to ₱330 million in January to December in 2025 from ₱119 million a year earlier.
In 2035, revenue climbed 45 percent to ₱775.8 million from ₱533.4 million in 2024. The company attributed the top-line growth to robust electricity sales and favorable adjustments in feed-in-tariff rates.
REDC’s financial momentum follows the company’s ₱1.2 billion initial public offering (IPO) in 2023, which provided the war chest necessary to fund capital-intensive projects in Bukidnon and Quezon provinces and pursue strategic acquisitions in the clean energy space.
“Our 2025 results highlight the company’s solid fundamentals and disciplined execution,” Eric Roxas, president of REDC, said in the statement. “The substantial growth in net income reflects both increased generation and our continued commitment to operational excellence.”
The company has aggressively expanded its footprint since listing, focusing on disciplined disbursement of proceeds to build out its generating capacity.
REDC noted that these investments enabled the firm to scale operations across several hydropower assets to capture the rising demand for reliable, carbon-neutral power in the Philippines.
REDC expects further financial upside as several recently completed projects begin to contribute fully to the bottom line. Toward the end of 2025, the company energized its first run-of-river hydropower facility in Mindanao, a plant projected to generate 130 gigawatt-hours of energy annually.
Looking ahead, the company is maintaining its development pace with the 4.5-megawatt Piapi hydropower project, which remains on track for completion by 2027.

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