Philippines’ Largest Onshore Wind Farm Gets Green Light with AFRY’s Advisory

ACEN’s 344.5 MW Project Marks a Milestone in Renewable Energy Push

The Philippines’ renewable energy sector is set for a major boost as AFRY steps in to provide lender’s technical advisory (LTA) services for the 344.5 MW Quezon North onshore wind project. Slated to become the country’s largest onshore wind farm, the initiative underscores the accelerating shift toward clean energy in Southeast Asia. Initially contracted for technical due diligence, AFRY’s expanded role will now cover construction oversight, commissioning, and initial operations—ensuring the project meets its ambitious targets.

“This project is a cornerstone of the Philippines’ energy transition,” says Petteri Härkki of AFRY. “Our expertise not only de-risks the investment but also helps secure the financing needed to bring it to life.”

ACEN, the Ayala Group’s energy arm, has already secured critical funding from three of the Philippines’ largest banks: Bank of the Philippine Islands, BDO Unibank Inc., and Rizal Commercial Banking Corp. Once operational, the wind farm is projected to generate approximately 1100 GWh of renewable energy annually—enough to power thousands of homes while displacing fossil fuel reliance.

AFRY’s deep local experience bolsters confidence in the project’s success. The firm has completed nearly 300 power sector assignments in the Philippines, positioning it as a key player in the country’s clean energy transition. The Quezon North project aligns with national goals to triple renewable capacity by 2030, a target driven by both climate commitments and energy security needs.

As construction begins, all eyes are on Quezon North—a testament to the Philippines’ potential as a renewable energy leader. With AFRY’s technical rigor and ACEN’s execution, the project could become a blueprint for future wind ventures across Southeast Asia.