Levanta Renewables Achieves Financial Close and Issues Notice to Proceed for Barotac 166 MWp Solar PV and 80 MWh BESS Project in the Philippines
Levanta Renewables > Blog Classic > Uncategorized > 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 — 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.
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.
“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.” Pramod Singh, CEO of Levanta Renewables
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.
The Barotac Solar Power and BESS project forms a key part of Levanta Renewables growing renewable energy portfolio in Southeast Asia.
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.
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.
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.
Levanta Renewables is wholly owned by Actis, a leading global sustainable infrastructure investor and part of General Atlantic’s global investment platform, with approximately US$108 billion in combined assets under management.