NexGen Energy Corp., a publicly listed renewable energy firm helping accelerate the country’s clean energy transition, outlined its strategic measures to ensure sustainable growth during its 2025 annual stockholders’ meeting on 7 July.
Company president Eric Y. Roxas called 2024 a “foundational year,” anchored by its successful initial public offering in July last year. The listing strengthened NexGen’s capital structure and reinforced its long-term commitment to renewable energy leadership in the country.
NexGen is advancing 14 renewable energy projects under its development pipeline, with service contracts across two solar, seven offshore wind, and five onshore wind projects. Four projects are already in advanced stages, including the 9.9 MW Palauig Solar Farm expansion, targeted for mid-2026 commissioning.
The Real and Mauban Offshore Wind Farms have completed the erection of 120-meter meteorological (met) masts, equipped with instruments at varying heights to validate wind resource potential—crucial for feasibility and financing. Preparations are also underway for a met mast at the Pandan Onshore Wind Project.
To strengthen market positioning, NexGen has registered the Palauig Solar Farm under the Department of Energy’s Green Energy Auction Program (GEAP 4), with plans to enlist its offshore wind ventures for GEAP 5.
On the financing front, Roxas revealed active engagement with potential co-development partners from Japan, China, Europe, and the Middle East, indicating robust global investor confidence. “By progressing in our pre-development phases, we enhance both project bankability and shareholder value,” Roxas noted.
These initiatives mark NexGen’s deliberate strategy to scale its renewable energy portfolio while securing capital and technology partnerships vital for long-term sustainable growth.
