Altenergy Holdings Corp., a renewable power pioneer, has chosen K2 Management (K2M), an energy transition project management and engineering consultancy firm with headquarters in Denmark, to develop and construct two wind projects in the Philippines. In a disclosure to the Philippine Stock...
The financial future of Filipino-led Alternergy Holdings Corporation is treading through favorable prospects as it logged net income upturn to P96.98 million in the initial quarter of fiscal year 2024 versus P1.66 million in the same period last year. In a disclosure to the Philippine Stock...
Altenergy Tanay Wind Corp. (ATWC) has forged a revenue-sharing agreement with the provincial government of Rizal for a wind power project. In a disclosure to the Philippine Stock Exchange on Tuesday, Oct. 10, ATWC, a subsidiary of Alternergy Holdings Corp., announced the signing of a lease contract...
State-run Government Service Insurance System (GSIS) has invested in publicly listed Alternergy Holdings Corp., a renewable power pioneer known for its profitability and clean energy vision. In a statement on Tuesday, Nov. 7, the pension fund for government workers said a total of P1.45 billion was...
Renewable power pioneer and publicly listed Alternergy Holdings Corp. said it will develop a wind farm on the island of Alabat, Quezon. In a statement, Alternergy said the Provincial Development Council (PDC) of Quezon Province approved the construction of Alabat Wind Power, a renewable project....
Listed firm Alternergy Holdings Corporation (Alternergy) logged financial rebound in the current fiscal year with an income of P38 million, effectively reversing a net loss of P145.2 million in a comparable period last year. The company’s cash balance also escalated significantly by 113% to...
Pioneer renewable energy producer Alternergy Holdings Corporation is planning to undertake a quasi-reorganization of its capital stock in order to wipe out P42.27 million in deficit as of June 30, 2023. In a disclosure to the Philippine Stock Exchange (PSE), Alternergy said its Board of Directors,...
The board of directors of renewable energy pioneer Alternergy Holdings Corporation has given go-signal on the reallocation of substantial portion of its initial public offering (IPO) proceeds to bankroll the construction of its two major wind power projects. With that decision, the company conveyed...
Publicly-listed firm Alternergy Holdings Corporation has tapped three investment banks to raise P12 billion worth of loans to bankroll the company’s wind power projects to be sited in Rizal and Quezon provinces. For the targeted fund raising activity, the pioneer renewable energy company had...
Publicly-listed renewable power pioneer Alternergy Holdings Corporation (Alternergy) is seeking to raise P12 billion for the construction of two wind power projects it won under the Green Energy Auction 2 (GEA 2) Program in July 2023. In a disclosure to the Philippine Stock Exchange, the firm said...
Listed firm Alternergy Holdings Corporation (Alternergy) is well on its way into building up its renewable energy (RE) portfolio after winning three additional contracts from the State-managed Green Energy Auction-2 (GEA-2) program. The awarded project-contracts to be covered by 20-year power supply...
Solana Solar Alpha Inc. (Solana Solar), a subsidiary of Altenergy, has cemented a power supply agreement with Villar-led retail electricity supplier company Kratos RES Inc. Under the agreement, Solana Solar will supply Kratos RES with 10-megawatt and up to 20 MW of clean and renewable power from the...