Greenergy Holdings Inc. said it board has approved the extension of an additional loan amounting to P60 million to its wholly-owned subsidiary, Winsun Green Ventures Inc.
The loan is intended to support Winsun’s operational needs, ongoing growth plans, and strategic initiatives in the renewable energy sector. Specific terms—including interest rate, repayment schedule, and any required security—will be finalized by the Greenergy’s management committee.
The move signals the continued commitment of Greenergy to expanding its clean energy footprint through its subsidiaries, as it looks to reinforce Winsun’s financial capacity amid evolving market demands. While no project-specific details were disclosed, the company has previously outlined its interest in solar and other green technologies as part of its broader sustainability strategy.
Winsun is expected to utilize the funding to advance its operational resilience and potentially explore new opportunities aligned with the country’s growing push for energy transition.
The financing reflects Greenergy’s internal capital allocation strategy and underlines the parent company’s support for scalable, long-term investments in renewable ventures. With heightened investor interest in green infrastructure, the development could enhance Greenergy’s position in the local energy landscape while contributing to national decarbonization goals.
