WEnergy

WEnergy Global Pte. Ltd., a company based in Singapore, is active in project development, designing, building, (partial) owning and operating renewable energy power infrastructure with clear and focused actions on the ground in South East Asian countries with 120 million people having no access to electricity.

General information

BorrowerWEnergy Global Pte Ltd.
CountryPhilippines
Head officeSingapore
Websitehttp://wenergyglobal.com
Founded29 February 2012
Active on Lendahand since 1 August 2016

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Financial information per 2019-12-31

Total assets€1,754,216.56
Revenue (per year)€3,598,609.27
Equity / total assets76.00%
Liquidity153.00%

About Philippines

A total of 90 million people live in the Philippines. The majority of the population is Roman Catholic. The country has an area of 300,000 square kilometers. Manila is the capital of the country, however Quezon is the largest city in the Philippines. The most important pillars of the economy are services and industrial activities. Philippines' economy has had stable growth since 2012, with an average of more than 5% per year. Due to the high domestic consumption, low dependence on exports and a large income from remittances from the millions of Filipino workers overseas, the Philippine economy is stable. The strategic location of the Philippines in the ASEAN region, makes it a gateway to a market of 500 million people.

Most recently funded project

WEnergy Global 4

With EUR 100,000 WEnergy can install smart meters for better control in their solar hybrid micro-grid in Puerto Princesa.

  • Direct investment
  • 2 new jobs
  • 650 people reached
  • 25000 tons of CO2 reduced
Issuer

€100,000

Amount

36 months

Maturity

5.50%

Annualized interest
100%
Fully funded in 12 days on 2 May 2018.