Repower Energy Development Corporation (REDC) reported a sharp increase in its earnings for 2025, reflecting stronger operations and continued expansion of its renewable energy projects.
The company posted a net income of about P330 million in 2025, nearly three times higher than the P119 million recorded in 2024. This growth was supported by higher electricity generation and a stronger revenue base. The 2025 results also do not yet include contributions from a new 18.2-megawatt hydropower plant that was commissioned in December 2025.
REDC’s revenues rose to P775.8 million in 2025, up from P533.4 million in 2024, driven mainly by increased electricity sales and adjustments in feed-in tariff rates.
Since its public listing in 2023, the company has expanded its generating capacity and invested heavily in renewable energy projects, using IPO proceeds to fund new hydropower developments. These investments have helped boost production and support steady financial growth.
Looking ahead, REDC expects further improvement in 2026 as newly completed and ongoing projects begin full operations and add to earnings. The company said its growing asset base and project pipeline position it for continued expansion in the renewable energy sector.
Company management said the 2025 performance reflects stronger generation, disciplined execution, and effective use of post-IPO investments, which are now translating into higher earnings.
