{"id":1533,"date":"2026-06-04T09:47:00","date_gmt":"2026-06-04T09:47:00","guid":{"rendered":"https:\/\/ralb.in\/Levanta-Project\/?p=1533"},"modified":"2026-10-05T09:24:45","modified_gmt":"2026-10-05T09:24:45","slug":"levanta-renewables-financial-close-and-notice-to-proceed-for-philippines-barotac-project","status":"publish","type":"post","link":"https:\/\/ralb.in\/Levanta-Project\/news\/levanta-renewables-financial-close-and-notice-to-proceed-for-philippines-barotac-project\/","title":{"rendered":"Levanta Renewables Achieves Financial Close and Issues Notice to Proceed for Barotac 166 MWp Solar PV and 80 MWh BESS Project in the Philippines"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1533\" class=\"elementor elementor-1533\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9a2ca15 elementor-section-full_width pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-height-default elementor-section-height-default\" data-id=\"9a2ca15\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-228bda8 pbmit-bg-color-over-image\" data-id=\"228bda8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-82d6638 elementor-invisible elementor-widget elementor-widget-pbmit_heading\" data-id=\"82d6638\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"pbmit_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-heading-subheading pbmit-heading-subheading-style-1 \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tLevanta Renewables Achieves Financial Close and Issues Notice to Proceed for Barotac 166 MWp Solar PV and 80 MWh BESS Project in the Philippines\r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3fd1b88 elementor-widget elementor-widget-text-editor\" data-id=\"3fd1b88\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>SINGAPORE, 4 June 2026<\/strong> \u2014 Levanta Renewables has achieved Financial Close and issued the Notice to Proceed (NTP) for the Barotac Solar Power and Battery Energy Storage System (BESS) project in the Visayas, Philippines.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8450b4 elementor-widget elementor-widget-text-editor\" data-id=\"f8450b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The project comprises a 166 MWp ground-mounted solar photovoltaic (PV) facility integrated with an 80 MWh Battery Energy Storage System (BESS). Project financing has been secured from two leading banks.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e50ec9c elementor-section-full_width pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-height-default elementor-section-height-default\" data-id=\"e50ec9c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-889932e pbmit-bg-color-over-image\" data-id=\"889932e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a514ec7 elementor-widget elementor-widget-text-editor\" data-id=\"a514ec7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<blockquote><p>The achievement of Financial Close marks an important milestone for the Barotac Solar Power and BESS project. We are pleased to move into the execution phase and appreciate the support of our financing partners and project stakeholders.<br \/><cite style=\"color: #27d4b9;\">Pramod Singh, CEO of Levanta Renewables<\/cite><\/p><\/blockquote>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c2e507 elementor-section-full_width pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-height-default elementor-section-height-default\" data-id=\"1c2e507\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c58a035 pbmit-bg-color-over-image\" data-id=\"c58a035\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6658938 elementor-widget elementor-widget-text-editor\" data-id=\"6658938\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The project was awarded a Power Purchase Agreement (PPA) under the Philippines Department of Energy\u2019s Green Energy Auction Program Round 4 (GEA-4) and is targeting commercial operations by mid-2027.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae64e59 elementor-widget elementor-widget-text-editor\" data-id=\"ae64e59\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Barotac Solar Power and BESS project forms a key part of Levanta Renewables growing renewable energy portfolio in Southeast Asia.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b40567 pbmit-btn-color-secondary pbmit-btn-hover-color-secondary pbmit-btn-style-flat pbmit-btn-magnatic-yes pbmit-btn-shape-square elementor-widget elementor-widget-button\" data-id=\"7b40567\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ralb.in\/Levanta-Project\/20260604_levanta-renewables-financial-close-and-notice-to-proceed-for-barotac-solar-pv-and-bess-project-in-philippines\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download the Press Release<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d9bb702 elementor-section-full_width pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-height-default elementor-section-height-default\" data-id=\"d9bb702\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9d622fd pbmit-bg-color-over-image\" data-id=\"9d622fd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2573dab elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"2573dab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-416618e elementor-section-full_width pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-height-default elementor-section-height-default\" data-id=\"416618e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7f5592b pbmit-bg-color-over-image\" data-id=\"7f5592b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-59e2b3c elementor-widget elementor-widget-heading\" data-id=\"59e2b3c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">About Levanta Renewables<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4590c1d elementor-widget elementor-widget-text-editor\" data-id=\"4590c1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Levanta Renewables is an institutionally backed renewable energy platform focused on Southeast Asia, developing, building and operating utility-scale solar, wind, and energy storage projects.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-205c6e9 elementor-widget elementor-widget-text-editor\" data-id=\"205c6e9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Headquartered in Singapore, Levanta has integrated capabilities from greenfield development to financing, construction, and long-term asset management, with a focus on disciplined execution in complex, high-growth markets.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-51b84f1 elementor-widget elementor-widget-text-editor\" data-id=\"51b84f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The company is currently building a gigawatt-scale renewable energy portfolio across Thailand, the Philippines, Vietnam and Malaysia, while expanding its presence across key regional markets and delivering sustainable, long-term value for stakeholders.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cad6dd4 elementor-widget elementor-widget-text-editor\" data-id=\"cad6dd4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tLevanta Renewables is wholly owned by Actis, a leading global sustainable infrastructure investor and part of General Atlantic\u2019s global investment platform, with approximately US$108 billion in combined assets under management.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23183d7 elementor-widget elementor-widget-text-editor\" data-id=\"23183d7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Follow Levanta Renewables on LinkedIn: <a href=\"https:\/\/www.linkedin.com\/company\/levantarenewables\/\">https:\/\/www.linkedin.com\/company\/levantarenewables\/<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-730883b elementor-widget elementor-widget-text-editor\" data-id=\"730883b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For more information on Levanta Renewables, visit: <a href=\"http:\/\/www.levantarenewables.com\">www.levantarenewables.com<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-54e0223 elementor-section-full_width pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-height-default elementor-section-height-default\" data-id=\"54e0223\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-224a382 pbmit-bg-color-over-image\" data-id=\"224a382\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fb7242d elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"fb7242d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-32d5459 pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"32d5459\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c2ac7d0 pbmit-bg-color-over-image\" data-id=\"c2ac7d0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df7f7f2 elementor-widget elementor-widget-heading\" data-id=\"df7f7f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Media Contact - Levanta Renewables\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9450497 elementor-widget elementor-widget-text-editor\" data-id=\"9450497\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div style=\"color: #444;\"><strong>Shea Chan Kong<\/strong><\/div><div style=\"color: #444;\">Marketing and Sales Support Manager of Levanta Renewables<br \/><a href=\"mailto:marketing@levantarenewables.com\">marketing@levantarenewables.com<\/a><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Levanta Renewables Achieves Financial Close and Issues Notice to Proceed for Barotac 166 MWp Solar PV and 80 MWh BESS Project in the Philippines SINGAPORE, 4 June 2026 \u2014 Levanta Renewables has achieved Financial Close and issued the Notice to Proceed (NTP) for the Barotac Solar Power and Battery Energy Storage System (BESS) project in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":583,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[54,58,52],"tags":[],"class_list":["post-1533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy-storage","category-philippines","category-solar"],"acf":[],"_links":{"self":[{"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/posts\/1533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/comments?post=1533"}],"version-history":[{"count":38,"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/posts\/1533\/revisions"}],"predecessor-version":[{"id":4272,"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/posts\/1533\/revisions\/4272"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/media\/583"}],"wp:attachment":[{"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/media?parent=1533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/categories?post=1533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ralb.in\/Levanta-Project\/wp-json\/wp\/v2\/tags?post=1533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}