The zero-CAPEX deal highlights the companies’ commitment to energy efficiency, resilience, and a cleaner future for the Philippines
Berde Renewables, a leading solar energy company in the Philippines and a portfolio company of global infrastructure investor I Squared Capital, has signed a landmark 8.4 MWp Solar Power Purchase Agreement (PPA) with KCC Malls and Biotech Farms, two of Mindanao’s most respected business leaders in retail and agriculture.
The partnership will deliver clean, cost-efficient energy to KCC Mall Gensan, KCC Mall Marbel, KCC Mall Zamboanga, and the Biotech Farms agro-industrial facility in South Cotabato, marking a major step in advancing sustainable retail and agricultural operations in Mindanao.
Under the zero-CAPEX model, Berde Renewables will fully finance the project and oversee engineering, procurement, and construction (EPC), as well as long-term operations and maintenance (O&M). Once operational, the systems are expected to generate approximately 13 million kWh of clean energy annually, resulting in an estimated ₱5.8 million in monthly energy savings and offsetting 9,600 tons of CO₂ emissions each year.
As retail and agro-industrial operations are among the most energy-intensive sectors in Mindanao, this partnership demonstrates how industry leaders can drive real progress toward sustainability. The agreement allows KCC Malls to integrate renewable energy into its operations while boosting efficiency and resilience and helps Biotech Farms secure reliable power and cut the carbon footprint of its agro-industrial facility.
“This partnership reflects our commitment to making renewable energy a core part of KCC’s growth and modernization,” said Arvin Chan, CEO at KCC Malls. “By integrating clean energy into our operations, we are elevating our standards in retail sustainability while ensuring that our malls remain resilient, efficient, and aligned with the long-term needs of the communities we serve.”
“At Biotech Farms, sustainability has always been central to our operations. Adding solar energy to our agro-industrial facility further strengthens our commitment to circular economy principles while ensuring stable, cost-efficient power for our business,” said Rainnyl Chiang, Renewable Energy Director at Biotech Farms, Inc. “This initiative not only reduces our environmental footprint but also supports the broader goal of building a greener, more resilient Mindanao.”
“Berde Renewables has been building momentum in the country’s clean energy transition, and today we are accelerating that shift to a new peak. We are honored that both KCC and Biotech Farms have placed their trust in us as their energy partner,” said Patrick Zhu, President and Co-founder of Berde Renewables. “This partnership shows how industries can work together to make renewable energy deliver real economic value and lasting impact for communities.”
Berde Renewables has already established 45.7 MW of solar projects in the Philippines, with 31 MW currently under construction and a 144 MW development pipeline. Regionally, Berde is expanding into Thailand with a 300 MW project pipeline, affirming its growing influence in Southeast Asia’s clean energy transition.
With the backing of I Squared Capital, a global investor managing over $50 billion in infrastructure assets, Berde Renewables is driving the country’s clean energy transition with confidence and scale. Our expertise and financial strength give businesses the assurance that their shift to renewables is both secure and impactful.
The partnership with KCC Malls and Biotech Farms is proof of that trust—showcasing how forward-looking companies are choosing Berde to power their growth sustainably. As we expand nationwide, we welcome more businesses ready to embrace clean, cost-efficient energy and join us in building a greener future for the Philippines.
