01/12/2025
Hydropower Expansion Propels REDC’s Net Income Up 58% in First Half of 2025
Repower Energy Development Corp. (REDC), the pure hydropower subsidiary of Pure Energy Holdings Corp., reported a 58% surge in net income for the first half of 2025, reaching ₱152 million, driven by stronger clean energy generation and efficient operations.
In a disclosure to the Philippine Stock Exchange, REDC said its January–June performance rose sharply from the ₱96.68 million posted during the same period last year. The company’s clean energy output increased by 29%, from 46.32 million kilowatt-hours (kWh) to 59.77 million kWh, boosting revenues by 28% to ₱359.6 million.
REDC attributed the growth to favorable hydrological conditions, improved plant availability, strengthened maintenance protocols, and disciplined procurement measures that kept expenses stable while maximizing output.
The company is also preparing to commission its Cabanglasan Hydropower Plant by the third quarter of 2025, following the completion of its transmission line in July. This project is expected to further expand REDC’s generation capacity and support continued revenue growth.
Quote from Leadership
REDC President and CEO Eric Roxas said the strong first-half results position the company for a milestone year. “2025 is shaping up to be a banner and transformative year for REDC, proving that efficient operations and dependable hydro resources can power both the community and the company’s strong financial results,” Roxas said.
With its growing pipeline and sustained operational performance, REDC continues to reinforce its role as a key player in the Philippines’ renewable energy transition.