Terra Solar Project Strategic Partnership and Stake Sale
Sector: Energy Storage • Location: Philippines
Source: Latham & Watkins LLP
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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Status
Original status | completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
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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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