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Terra Solar Project Strategic Partnership and Stake Sale

Sector: Energy Storage • Location: Philippines

Source: Latham & Watkins LLP

Project
Completed

Manila Electric Company (Meralco) and its subsidiary Solar Philippines New Energy Corporation entered a strategic partnership with Actis, a global investor in sustainable infrastructure. Meralco sold a 40% stake in the Terra Solar Project, a US$3.5 billion project poised to be the world's largest integrated renewables and energy storage project. This represents the largest foreign direct investmen

Status
Closed
Sector
Energy Storage, Solar, Warehouse
Location
Philippines
Updated
22 Jul 2026
Source
Latham & Watkins LLP

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The project “Terra Solar Project Strategic Partnership and Stake Sale” is an infrastructure initiative in the Energy Storage sector, located in Philippines. Taiyo aggregates data on it from Latham & Watkins LLP.

Participants

Not available for this record.

Status

Original status

completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Manila Electric Company (Meralco) and its subsidiary Solar Philippines New Energy Corporation entered a strategic partnership with Actis, a global investor in sustainable infrastructure. Meralco sold a 40% stake in the Terra Solar Project, a US$3.5 billion project poised to be the world's largest integrated renewables and energy storage project. This represents the largest foreign direct investment for a greenfield infrastructure project in the Philippines.

Original sector

Energy

Budget

Location

Country

Philippines

Source

Source

Latham & Watkins LLP

URL

More Details

Record type

Project

Sector

Energy Storage, Solar, Warehouse

Article published date

2025-12-12

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