What is the latest status of the project “Balaoi & Caunayan Wind Farm”?

The status recorded for “Balaoi & Caunayan Wind Farm” is Active.

Who are the main government, EPC, and private stakeholders for “Balaoi & Caunayan Wind Farm”?

Taiyo maps the stakeholders of “Balaoi & Caunayan Wind Farm”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Balaoi & Caunayan Wind Farm”?

Taiyo normalizes the budget of “Balaoi & Caunayan Wind Farm” to USD 238010000.

Where can I verify the source and access all details for “Balaoi & Caunayan Wind Farm”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/balaoi-&-caunayan-wind-farm-10999). Taiyo standardizes official data into a consistent, searchable project profile.

Balaoi & Caunayan Wind Farm

Sector: Raw Materials • Location: Philippines

Source: World Bank Group

Project

Active

The project entails the development of 160 MW Balaoi & Caunayan in Pagudpud, Ilocos Norte province, Philippines. Philippines energy producer AC Energy, a subsidiary of Ayala, is the sponsor of the $ 238.01 million project. Equity and debt information is unavailable. The project reached financial closure on May 18, 2021. AC Energy targets the project to complete construction by Q4 2022 and commence

Status: Prospective
Sector: Raw Materials, Wind, Power Generation (CCGT), Government, Commercial
Location: Philippines
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Balaoi & Caunayan Wind Farm” is an infrastructure initiative in the Raw Materials sector, located in Philippines. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The project entails the development of 160 MW Balaoi & Caunayan in Pagudpud, Ilocos Norte province, Philippines. Philippines energy producer AC Energy, a subsidiary of Ayala, is the sponsor of the $ 238.01 million project. Equity and debt information is unavailable. The project reached financial closure on May 18, 2021. AC Energy targets the project to complete construction by Q4 2022 and commence operations in 2023. https://ijglobal.com/data/transaction/55982/balaoi-and-caunayan-wind-farm-160mw
Original sector	Energy
Budget

Location

Country

Philippines

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Raw Materials, Wind, Power Generation (CCGT), Government, Commercial
Article published date	2024-09-19

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Balaoi & Caunayan Wind Farm

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