Alternergy Powers Up Alabat Wind Farm, Moves Closer To 1-GW Target
- November 12, 2026
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Alternergy Holdings Corp. has begun delivering electricity from its 64-megawatt (MW) Alabat Wind Farm in Quezon to the Luzon grid, marking a major step toward the commercial operation of the project. This comes as the renewable energy developer expands its generation portfolio and pursues a 1-gigawatt (GW) capacity target by 2030.
The company said its initial wind turbines have been energized and started producing power through a 37-kilometer, 69-kilovolt (kV) transmission line connected to the Gumaca-Lopez transmission facilities of the National Grid Corp. of the Philippines (NGCP).
The ₱6.7-billion wind project is scheduled to begin commercial operations in December. Three of its initial turbines have already started generating commissioning revenues as Alternergy completes the remaining activities needed to bring the facility into full operation.
Once fully operational, the wind farm is expected to generate approximately 202 gigawatt-hours (GWh) of electricity annually, enough to supply around 218,500 households while avoiding an estimated 150,541 metric tons of carbon emissions each year.
The project consists of eight wind turbines, each with an installed capacity of 8 MW. Alternergy said these are the largest commercial wind turbines deployed outside China.
Sea-Crossing Link
A key component of the development is a 1.4-kilometer overhead transmission link connecting Alabat Island to mainland Quezon, allowing electricity generated by the wind farm to reach the Luzon grid.
Alternergy described the infrastructure as the country’s first overhead sea-crossing transmission link developed specifically for a wind power project.
The crossing forms part of the project’s transmission system and required the construction of two 100-meter-tall lattice towers and two additional towers measuring 45 meters each.
Alternergy President Gerry Magbanua said the transmission infrastructure addressed the engineering challenges involved in connecting an island-based renewable energy facility to the mainland.
The company said the initial energization would allow it to advance the remaining work needed for commercial operations and begin converting its investment into operating capacity and recurring revenues.
The Alabat facility is among the projects awarded under the Department of Energy’s second Green Energy Auction (GEA-2) and is the first wind farm developed in Quezon province.
Expanding Generation Portfolio
Alabat is one of two major wind projects expected to significantly increase Alternergy’s operating capacity.
The company’s 128-MW Tanay Wind Farm in Rizal has also started generating commissioning revenues and is scheduled to enter commercial operations in January 2027.
Together, the two wind developments are expected to increase Alternergy’s operating capacity to approximately 311 MW from 119 MW.
The company has also brought two smaller renewable energy facilities into commercial operation. Its 28-MW Balsik Solar Farm in Bataan started operations in February 2026, followed by the 4.6-MW Dupinga Run-of-River Hydro Power Plant in Nueva Ecija in March.
The completion of Dupinga marked the operational integration of the company’s Triple Play strategy, which combines wind, solar and run-of-river hydropower technologies.
Magbanua said the company was focused on transforming its investments into operating assets while strengthening its organization to support its expansion plans.
“With the upcoming completion of the Tanay and Alabat Wind Farms in the coming months, we expect more robust financials that will yield more value to our shareholders from our Triple Play portfolio,” he said.
Financial Performance
With Alternergy’s growing portfolio, it has also improved its financial performance.
For fiscal year 2026, consolidated revenue increased by 31% to ₱471.8 million, while earnings before interest, taxes, depreciation, and amortization rose by 39% to ₱553.8 million.
Net income grew by 2% to ₱168.2 million, and total assets expanded by 38% to ₱24.6 billion.
The company expects the transition of its wind projects from commissioning to commercial operations to strengthen its financial position through electricity sales and operating cash flows.
Alternergy is also advancing a 464-MW renewable energy project pipeline awarded under the government’s fourth Green Energy Auction (GEA-4).
The pipeline includes the Liberty and Kalandagan solar projects, as well as the Alegria and Tayabas North wind farms. In September, the company approved the issuance of ₱2 billion in green fixed-rate notes to help finance these developments.
Alternergy is also pursuing additional investments to support its expansion. In July, it entered into a ₱2.3-billion investment agreement with A Brown Co. Inc., involving the latter’s acquisition of a 40% stake in two wind farm projects.
The company’s long-term objective is to reach 1 GW of renewable energy capacity by 2030 under its portfolio expansion strategy.
Source:
https://tribune.net.ph/2026/11/10/alternergy-advances-464-mw-renewable-energy-pipeline
