NexGen in investor talks for RE push
NEXGEN Energy Corp. owns and operates three solar farms with recurring net income. It has a pipeline of over 1.5 gigawatts of wind and solar projects.
Logo courtesy of NEXGEN.
Daily TribuneNEXGEN Energy Corp. owns and operates three solar farms with recurring net income. It has a pipeline of over 1.5 gigawatts of wind and solar projects.
Logo courtesy of NEXGEN.
NexGen Energy Corp. (XG), a listed renewable energy firm led by businessman Dexter Tiu, is in talks with investors from Japan, China, Europe, and the Middle East to help accelerate its renewable energy development and boost shareholder value.
“(We are) continually in active discussions with investors from Japan, China, Europe, and the Middle East, who have expressed strong and serious interest in co-developing XG's pipeline project,” said XG President Eric Y. Roxas during the company’s annual stockholders’ meeting.
“Pursuing and moving our pre-development phases forward, we generate more interest in our projects as well as enhance our shareholder value,” he added.
The company is developing 14 renewable projects—2 solar, 7 offshore wind, and 5 onshore wind—all with service contracts.
Four are in advanced stages, including the 9.9 megawatts Palauig Solar Farm expansion set for mid-2026.
Met masts have been installed at the Real and Mauban Offshore Wind sites, while one is being prepared for the Pandan Onshore Wind Project.
XG has registered the Palauig project under the Fourth Green Energy Auction (GEAP-4) and plans to join GEAP-5 for its offshore wind projects.