Alternergy earmarks P26B capex for 2027

MANILA, Philippines — Alternergy Holdings Corp., a listed renewable energy producer, is allocating P26 billion in capital expenditures (capex) next year. Gerry Magbanua, president of Alternergy, announced that the group has initiated discussions with lenders to secure financing for its capital expenditures, aimed at deploying two solar projects and one wind facility. READ: Alternergy’s P6.7-B Quezon