ib vogt secures subordinated financing from Pentagreen Capital and British International Investment for the 99 MWp Tantangan Solar‑Storage hybrid project in the Philippines

Type: Financing · Technology: Hybrid · Country: Philippines · Capacity: 99 MW · Announced: 2026-07-24

ib vogt obtained subordinated financing from Pentagreen Capital and British International Investment to fund the 99 MWp Tantangan Solar Power Plant, a solar‑plus‑battery hybrid project in South Cotabato, Mindanao. The financing was structured as a subordinated loan that enabled the project to reach commercial operation in less than one year after construction began. The plant is expected to generate over 150 GWh of electricity annually, powering more than 82,000 homes and avoiding 66,000 tonnes of CO₂ each year. This deal marks ib vogt's first solar‑storage hybrid in Southeast Asia and supports its goal of deploying over 500 MW of hybrid capacity across the Philippines by the end of 2026. The involvement of Pentagreen Capital and BII demonstrates the role of fit‑for‑purpose credit capital in accelerating clean‑energy infrastructure in the ASEAN region.

Counterparties

Source article

📈 The Sherpa Signal — one notable infrastructure deal a day.