Vena Energy commits P52 billion to add 1.29 GW of renewables in the Philippines

Singapore-based Vena Energy is committing an additional P52 billion in equity investment to expand its Philippine renewable energy portfolio by 1.29 GW over the next two years, as disclosed by the Presidential Communications Office after a meeting with President Marcos in Singapore. Vena currently operates 887 MW in the Philippines, with another 1.26 GW under construction. Turning the planned capacity into supply will depend on project execution, grid connection and supporting infrastructure.