Singapore, Philippines – 2nd September, 2025 - Peak Energy, Asia’s leading clean renewable energy developer and Independent Power Producer (IPP), is advancing its growth in the Philippines with a 65 MWp greenfield solar development.

Located in the province of Isabela, Cagayan Valley region occupying the northeastern section of Luzon, the project will generate more than 68,000 MWh (68 GWh) of clean electricity each year —enough to power around 23,000 homes in the Philippines — while avoiding approximately 37,000 tonnes of CO₂ emissions annually, equivalent to removing about 8,000 cars from the road.

The project is planned for commercial operation in 1^st half of 2027. Peak Energy will be engaging directly with key corporatesready to lock in stable, long-term clean power which will accelerate Philippines’ pathway to the green transition and help Filipino businesses decarbonize at scale.

The Philippines offers one of the mostfavorable environments for renewables in Southeast Asia. In recent years, thegovernment has enhanced incentives and regulatory clarity, creating conditionsthat actively encourage private investment and the deployment of clean energy.

With this project, Peak Energy reinforces itsposition as a trusted partner in the Philippine energy transition. The project reflects Peak’s ability to bring to market high-quality developments thatsupport businesses in securing reliable, affordable clean power. It also reinforces Peak Energy’s role as a long-term contributor to a market wherelarge-scale, high-voltage solar opportunities of this standard are increasingly rare.

“This project illustrates how we approach ourregional development: focusing on high-quality sites, securing the fundamentalsfast, and ensuring projects meet the expectations of our customers. ThePhilippines offers a rare combination in Southeast Asia: strong solar potentialand a regulatory environment that actively supports renewable energydeployment. These conditions give us confidence that we are deliveringmeaningful solutions for businesses looking to decarbonize at scale, and thatwe are well positioned to continue doing so as demand for reliable clean energygrows.” — Gavin Adda, CEO of Peak Energy

Across Asia-Pacific, Peak Energy now owns about 300 MW of operating assets and 1 GW of projects in development. In the Philippines, alongside utility scalesolar projects, the company operates a growing portfolio of rooftop solar solutions for commercial and industrial customers. Our strength lies in delivering flexible, high-quality solutions that can be adapted to the needs of businesses of all sizes, whatever their decarbonization ambition — from initial steps to advanced sustainability strategies. This agility,combined with our engineering excellence and execution capability,positions Peak Energy as a trusted partner for corporates looking to securereliable, affordable clean power.

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About Peak Energy

Headquarteredin Singapore, Peak Energy develops, owns, and operates renewable assets across Asia Pacific (APAC). With 300 MW of operating assets and 1 GW worth of projects in development, our portfolio spans Japan, Korea,Australia, Taiwan, the Philippines, Thailand, Singapore and Indonesia and activities encompassing the full range of renewable energy businessmodels—including utility-scale development, off-site PPAs, onsite PPAs, andenergy storage applications—Peak Energy is a one-stop partner for corporatesseeking to decarbonize their operations in APAC. We believe in establishinglong-term partnerships with our corporate customers, to accompany them in theirdecarbonization journey, through cleaner, cheaper energy.

Anexperienced team handles the complete life cycle of our energy assets fromorigination and development through to operations and decommissioning,employing state-of-the art technology and the industry best practices,respectful of the environment and following world-class HSE standards.

Ourbusiness practices, technological and HSE standards are standardized acrossAPAC, but we are implemented and operate locally, with teams in sevencountries, and lasting partnerships with local customers, EPCs, vendors,channel partners.

PeakEnergy is wholly owned by Stonepeak, a leading alternative investment firmspecializing in infrastructure and real assets with more than USD 76 billion ofassets under management. Our financial and technical strength coupled with ourrelationships in local markets allows us to optimize our capital deployment inhigh quality assets.

For moreinformation, please visit https://www.peakenergy.asia.

Media Contact

Peak Energy

media@peakenergy.asia

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