Alternergy Holdings Corp., led by former Energy Secretary Vicente Perez, expects to attract more sustainability-focused investors and financing after becoming the first listed company to earn the Securities and Exchange Commission’s (SEC) Green Equity Label.

“We are delighted to be the recipient of the Philippine Green Equity Label from the SEC as a publicly listed company. Alternergy is a pure-play renewable energy developer, dedicated exclusively to clean power generation, which directly aligns with the requirements of the SEC certification,” Alternergy President Gerry P. Magbanua said on Monday.

“We commend the SEC for its recent issuance of Green Equity Label Guidelines that aims to usher in more sustainability investors and grow the capital market for green initiatives, which Alternergy could tap for our future equity financing needs,” he added.

The certification affirms Alternergy’s strong sustainability commitment, having exceeded SEC requirements verified by SyCip Gorres Velayo & Co. (SGV) using international assurance standards. 

SGV found that all of Alternergy’s revenues come from renewable sources, with over 90 percent of spending directed to green projects such as wind, solar, hydro, and battery storage.

The company maintains a net-zero carbon footprint through clean power generation and has adopted a Green Finance Framework aligned with sustainable finance guidelines. 

It has also accelerated four projects—4.6-megawatt (MW) Dupinga hydro, 28-MW Solana Balsik solar, 64-MW Alabat wind, and 128-MW Tanay Rizal wind—funded by P9 billion and set to start operating by late 2025 to early 2026, supporting its 500-MW target by 2026.