Philippine National Bank provides PHP 6.22 billion financing for Levanta Renewables' solar and battery storage project in Barotac Viejo, Iloilo
Type: Financing · Technology: Solar · Country: Philippines · Value: $6.22B · Announced: 2026-08-31
Philippine National Bank agreed to provide a PHP 6.22 billion co‑financing package for a clean‑energy project in Barotac Viejo, Iloilo. The financing backs a solar power plant coupled with battery energy storage, developed by Singapore‑based Levanta Renewables. The project will be located in the municipality of Barotac Viejo in the province of Iloilo, Philippines, and is expected to add renewable generation capacity to the local grid. The deal strengthens PNB's portfolio in renewable‑energy financing and supports Levanta Renewables' expansion in Southeast Asia. The financing announcement was made on 31 August 2026.
Counterparties
- Philippine National Bank (Lender)
- Levanta Renewables (Developer)
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