Renewables firm Blueleaf Energy Philippines, a portfolio company of Macquarie Capital, is investing over a billion dollars to develop floating solar power farms in Laguna.“We're looking at an overall investment for these projects of around $1.5 billion,” Blueleaf Energy president Chris Chua said at a media briefing in Pasig City on Thursday.Blueleaf is developing 1.
Construction for the NKS Solar One is targeted to begin by the fourth quarter of 2024 and is expected to be online by the first quarter of 2026.Blueleaf is also co-developing a 1.3-GW floating solar facility in Laguna Lake with SunAsia Energy.The project will span the towns of Cabuyao, Sta. Rosa, Calamba, Victoria, and Bay.“Like in any other power project, we're looking into project financing.