Alternergy’s earnings up 28% in FY 2025

Thanks to its solar and wind assets.

Alternergy Holdings Corporation has reported a 27% jump in its consolidated net income, to reach $2.97m (PHP 165m) for the year ended June 30 2025.

In a bourse filing, the company said this growth was thanks to its operating solar and wind assets bringing higher revenue and income.

Alternergy’s consolidated assets as of June 2025 surged by 105% to $322.2m (PHP 17.9b) as the group accelerated construction of its Triple Play Portfolio of 4.6 megawatt (MW) Dupinga run of river, 28 MW Solana Balsik solar, 128 MW Tanay Wind and 64MW Alabat Wind Projects.

The company also ended June 30, 2025 with a healthy cash position of $108m (PHP 6b), accounting for a third of total consolidated assets, which will be infused to the four projects under construction to ensure completion by the fourth quarter of 2025 and he first quarter of 2026.

“We expect that once the ongoing construction of the four projects is completed by the end of 2025 and early 2026, there will be a substantial boost in Alternergy’s financial standing,” said Alternergy President Gerry Magbanua.

PHP1 = USD0.018