MTerra Solar

Meralco Terra Solar and BESS Project Financing

Borrower(s)
MTerra Solar
Industry
Renewables/PV Solar + bat storage
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Philippines

Deal Overview

Meralco PowerGen Corp. (MGen) has closed a PHP150 billion ($2.65 billion) financing to support its 3.5GW MTerra Solar project with 4.5GW of battery storage in Luzon, Philippines. The project is being built in two phases under a power supply agreement with Meralco to supply 600MWac by Q1 2026...

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Deal Volume
$2.65bn
Financial Close
23/04/2025
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Tranches

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Project Deals

MTerra Solar and BESS Project
$2.65bn
Greenfield
PV Solar + bat storage
Asia Pacific
Asia Pacific
Philippines