# The 440-megawatt peak solar power plant is expected to be operational by the end of 2027.

*business · news · 2026-05-01 · manilastandard.net*

## Key points

- TotalEnergies and Nextnorth secured $300 million from three international banks for a 440 MW solar plant.
- This marks the largest international financing for a solar project in the Philippines to date.
- Over 50 percent of the plant's output will be sold via long-term deals to AdventEnergy and PrimeRES.
- The remaining electricity will be sold to the national grid under the Green Energy Auction Program.
- The project is scheduled to be operational by the end of 2027 and produce 13.5 TWh over 20 years.

**Companies:** TotalEnergies, Nextnorth
**Countries:** Philippines

[Read the full story on manilastandard.net](https://manilastandard.net/business/314734546/totalenergies-nextnorth-tap-3-banks-for-300-million-solar-project.html)

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