Alternergy Holdings Corp. on Friday, November 21, led the bell-ringing ceremony at the Philippine Stock Exchange (PSE) to highlight its recognition as the first publicly listed renewable energy developer to receive the Philippine Green Equity Label.
The event also underscored the launch of the Securities and Exchange Commission’s (SEC) new Green Equity Label framework—the first sustainable labeling system of its kind in Southeast Asia. The designation aims to help channel more capital toward companies that meet strict climate-aligned criteria, including revenue sources, investment flows and fossil-fuel limits.
Alternergy president Gerry P. Magbanua said the certification strengthens the company’s ability to access sustainability-focused investors when it returns to the equity market for future financing. He noted that the firm is advancing four major projects totaling 225 megaWatts for completion between late 2025 and mid-2026, in addition to roughly 450 MW awarded under Green Energy Auction 4.
“SEC has taken regulation beyond compliance,” Magbanua said, adding that the framework provides a clearer path for green capital to support renewable energy growth.
PSE president and CEO Ramon S. Monzon encouraged other listed and listing-ready companies to seek certification, saying the label offers investors a straightforward way to identify securities aligned with sustainability standards.
Under SEC Memorandum Circular No. 13, series of 2025, applicants for the Green Equity Label must demonstrate alignment with the Sustainable Finance Taxonomy Guidelines. An external review by SGV confirmed Alternergy’s eligibility, with more than 90 percent of its operating and capital expenditures directed toward green activities.
Representatives from MOSVELDTT Law, SGV, ICCP, Unicapital, BDO, EastWest Bank, ADB and IFC joined Alternergy at the bell-ringing ceremony.
