Aboitiz Renewables Secures $129 Million for 221 MW Solar Project

The solar project is currently 95% complete

September 16, 2025

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Aboitiz Renewables, the renewable energy arm of Aboitiz Power Corporation (AboitizPower), through its wholly owned subsidiary, AP Renewable Energy Corporation, secured a P7.4 billion (~$129 million) project financing with the Bank of Philippine Islands (BPI). The financing will be used to fund the engineering, construction, operation, and maintenance of the 221 MW Olongapo solar project in Zambales, Philippines.

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