Levanta Renewables secures financing for Barotac solar and BESS project in the Philippines
Type: Financing · Technology: Solar, Storage · Country: Philippines · Announced: 2026-06-04
Levanta Renewables has reached financial close and issued notice to proceed for the Barotac solar power and battery energy storage project in the Visayas, Philippines. The project includes a 166 MWp ground-mounted solar PV facility co-located with an 80 MWh battery energy storage system. Project financing has been secured from two undisclosed banks. Commercial operation is targeted for mid-2027, following the project's award under the Philippines Department of Energy’s Green Energy Auction Programme.
Analysis
Levanta Renewables has secured financing for its 166 MWp solar PV and 80 MWh battery energy storage project in the Visayas, Philippines, with commercial operation targeted for mid-2027. The project financing was provided by two undisclosed banks. Levanta Renewables is an independent renewable energy developer and IPP focused on large-scale solar PV and battery storage projects. The project was awarded under the Philippines Department of Energy’s Green Energy Auction Programme.
Key points
- 166 MWp solar PV facility
- 80 MWh battery energy storage system
- Project located in the Visayas, Philippines
- Commercial operation targeted for mid-2027
- Financing secured from two undisclosed banks
Counterparties
- Two banks (Lender)
- Levanta Renewables (Developer)