ThomasLloyd sells rights to 80MW of Philippines solar projects

Facebook
Twitter
LinkedIn
Reddit
Email

ThomasLloyd CTI Asia Holdings, a wholly-owned subsidiary of global investment banking and investment management group ThomasLloyd, has sold its rights to two solar projects on Negros Occidental in the Philippines with a combined capacity of 80MW.

ThomasLloyd sold its rights for the facilities of Negros Island Solar Power to local investment firm Philippine Investment Alliance for Infrastructure (PINAI). These included a 32MW solar facility at La Carlota, which is under construction, and a 48MW facility at Manapla. Financial details of the transaction were not disclosed.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The news follows the sale of San Carlos Solar Energy (SaCaSol) to PINAI in June 2015, which included a 45MW solar facility at San Carlos City, also on Negros Occidental.

All three projects, with 125MW of total installed capacity, are expected to receive Feed-in-tariff (FiTs), which would account for the equivalent of 25% of the FiTs quota within the Philippines.

Michael Sieg, chairman and chief executive of ThomasLloyd Group added, “We are proud as the first enabling investor to have addressed the government call for private investment in the sector. Our first and subsequent investments have helped secure the FiT regime and accelerate the expansion of renewable energy in the Philippines.”

Read Next

September 5, 2025
US solar tracker manufacturer Nextracker has launched a new electrical balance of systems (eBOS) trunk connector.
September 5, 2025
Scientists from Germany and Saudi Arabia have discovered that perovskite thin-film cells are compatible with current industry standard silicon solar cells, which they claim is a “crucial step toward the industrialisation of perovskite silicon tandem solar cells”.
September 5, 2025
During a week of major US clean energy developments, ContourGlobal, PSE, Arevon, and Ameren Missouri advanced solar projects across four states in the US.
September 5, 2025
Newly formed firm Solaris Assets has acquired the business operations and assets of Texas-based residential solar installer Sunnova.
September 5, 2025
US solar tracker manufacturer Array Technologies has announced that two of its tracking systems are compatible with 2,000V solar systems.
September 5, 2025
Research firm Rystad Energy has found that Queensland’s utility-scale solar PV power plants have dominated the best-performing assets, in terms of AC capacity factor, rankings for August 2025.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines