Alternergy’s sustainability efforts earn spot in ATRAM’s SDG fund

By Gabriell Christel Galang – Feb 20, 2025 04:44 PM
from Manila Bulletin

Renewable energy firm Alternergy Holdings Corporation announced its inclusion in the sustainability-based equity investment portfolio of ATRAM Trust Corporation.

In a disclosure to the Philippine Stock Exchange on Thursday, Feb. 20, Alternergy reported that it had been added to the ATRAM Philippine Sustainable Development and Growth Fund (ATRAM SDG Fund), which focuses on environmentally friendly and sustainable investments.

This inclusion places Alternergy among the top 20 publicly listed firms in the fund, recognizing the company’s strong integration of United Nations Sustainable Development Goals (SDGs) into its operations.

Vicente Perez, Jr., Alternergy, chairman said this addition to the equity portfolio supports the firm’s push for renewable energy.

“As we pursue our Road to 500 MW target, we are committed to exercising even greater care and vigilance in implementing sustainable practices across the entire value chain of building renewable energy projects,” he said.

“As a recently-listed company, ATRAM’s investment in ALTER boosts our capital base and inspires us to do more towards building a sustainable future,” Perez added.

ATRAM selected Alternergy based on its comprehensive 2024 sustainability report and its recent recognition as one of the outstanding Philippine companies for integrating affordable and clean energy initiatives (SDG 7).

The ATRAM SDG Fund is valued at P400 million, with a year-to-date return of 18.62 percent. As of year-end 2024, ATRAM managed approximately P352 billion in assets.

Alternergy currently manages various renewable energy projects, including wind, run-of-river hydro, solar farm and commercial rooftop, battery storage, and offshore wind projects. It plans to develop up to 500 megawatts (MW) of additional renewable energy capacity in the country within the next two years.