REDC Reports 31.8% YoY Net Income Growth in Q1 2025

Repower Energy Development Corporation (REDC) posted a 31.8% year-on-year increase in Net income for the first quarter of 2025, reaching P92.5 million compared to P70.1 million in the same period last year.

​This growth was primarily driven by a 6.1% rise in electricity sales and a corresponding significant decrease in its operating expenses by 52.66%. The drop in operating costs was driven by operational streamlining and a reduced need for plant repairs following minimal natural disruptions.

The increase in electricity generation reflects the REDC team's commitment to maintaining operational efficiency and maximizing the performance of its plants.

Continuing its momentum, REDC is set to commence operations at its P4 Billion, 15MW Pulanai Hydropower Plant in Bukidnon, with the launch planned for the third quarter of 2025, three months ahead of its original schedule. This plant is forecasted to double the existing generating capacity once it comes online.

Currently, REDC operates eight hydropower plants across the Luzon region, with a combined capacity of 17.354MW, and has several additional projects in the pipeline at various stages of development.