Alternergy acquires two PH wind projects from CleanTech

This supports the company’s 500 MW project pipeline goal.

Alternergy Holdings Corporation has announced that it is acquiring two wind power projects in Quezon Province from CleanTech Global Renewables Inc.

In a bourse filing, Alternergy said the facilities are referred to as Tayabas North and Tayabas South wind energy projects.

The transaction will be implemented by its special purpose company Calavite Passage Wind Power Corporation under a deed of assignment.

The 96 megawatt (MW) Tayabas North Wind Energy Project was one of the qualified bids under the 4th Green Energy Auction conducted by the Philippines’  Department of Energy in 2 September.

“We are excited to develop our second wind project in Quezon Province after our 64MW Alabat Wind Project is completed in early 2026”, said Gerry Magbanua, president of Alternergy.

The acquisition of the Tayabas wind projects will form part of Alternergy’s next project pipeline beyond its first 500 MW