Our mission

Make the Philippine RE market accessible to global capital.

Few markets in Asia offer the combination of resource quality, regulatory tailwind, and tariff economics that the Philippines does today. Yet the path from opportunity to financial close runs through a regulatory landscape that rewards experience and punishes shortcuts.

We exist to compress that gap. Our team handles the work that consumes years and burns capital when done from outside — land rights, DOE service contracts, environmental compliance, LGU engagement, NGCP interconnection — so investor partners can focus on capital deployment.

Every project we touch is structured to be financeable. Every commitment we make is one we intend to keep.

Operating principles

How we work — and how we don't.

01

Specificity over slogans.

We don't claim to be "leading" or "premier." We name the regulatory milestones we've cleared, the grids we operate on, and the counterparties we've sat across from. Investors deserve precision.

02

Aligned, not transactional.

Our economics tie to project outcomes — financial close, not introductions. If a project doesn't reach close, we don't get paid for delivering it. That keeps everyone honest.

03

Conservative under-promising.

Development timelines slip. PPAs renegotiate. Grid studies surface surprises. We build investor expectations around the realistic path, not the optimistic one — and earn trust by delivering what we said we would.

04

Local depth, global standards.

Philippine fluency is non-negotiable for execution. International institutional standards are non-negotiable for capital. We hold both, simultaneously, and let neither dilute the other.

Leadership

Decades of Philippine power-sector experience.

Our leadership combines hands-on greenfield development with senior roles at the institutions that built Philippine power infrastructure — Aboitiz Power, PNOC, Infunde Development, GE, Mitsubishi Corporation, TeaM Energy, and ABB.

Wilfredo "Wolf" Bacareza
President and CEO · Mar 2025 – Present

Wilfredo "Wolf" Bacareza

President and CEO, Evergreenergy Management Corp.

Wolf is a veteran Philippine power-sector executive with three decades of experience spanning project development, project finance, regulatory affairs, and government advisory.

He previously founded and served as President of Bohol Renewable Power Corp (50 MW solar project in Bohol), Bohol Hybrid Energy Corp (83 MW solar hybrid pre-qualified for the One Bohol Power Competitive Selection Process), and Global Clean Hybrid Energy Corp (20 MW solar hybrid project in Palawan) — all three previously developed and successfully exited.

Earlier in his career he served as President for the Philippines of Infunde Development Pte Ltd (2015–2022), leading due diligence, project structuring, M&A, corporate finance, and project development for power and infrastructure projects; and Vice President, Project Development at Aboitiz Power (2008–2014) — a Philippine Stock Exchange-listed company and one of the country's largest power generation firms, which also owns the second- and third-largest power distribution utilities.

As President & CEO of PNOC-Development Management Corp (2005–2008), he turned the company around from consecutive annual losses (₱10.26 million in 2000, ₱3.75 million in 2001, ₱21.42 million in 2003) into PNOC's second most profitable subsidiary, generating the highest consolidated revenues in the company's history and declaring its largest cash dividend to the government to date. He also served as consultant to the National Power Corporation on the EPIRA framework (2004), counsel for MWSS in the rehabilitation and successful privatization of Maynilad Water Services Inc. (2005) — the largest corporate rehabilitation case in Philippine history — and advisor to PNCC on the SLEX/Skyway concession.

Ronald Enrico Abad
Chief Adviser · Former President Dec 2022 – Mar 2025

Ronald Enrico Abad

Chief Adviser, Evergreenergy Management Corp.

Ronald serves as Chief Adviser to Evergreenergy, alongside independent power-sector consulting engagements with other firms since May 2018. As Objective 1 Team Lead on the USAID Energy Secure Philippines programme (an RTI subcontract), he worked on offshore wind capacity-building alongside performance assessments and utility improvement plans for SOCOTECO II, MORE, and Subic Enerzone, and supported implementation of the DOE's Green Energy Auction Program. He has also served as land-acquisition consultant on the 1,400 MW Ahunan pumped-storage hydro project for Prime Metro Power Holdings.

From 2019 to 2021 he was Project Manager at Ingrid Power Holdings (AC Energy Co.), leading EPC negotiations with Aggreko (modular diesel generators), Shell (fuel supply and tank construction), and Hefty (substation and transmission line), and negotiating the System Impact Study, Facility Study, and Connection Assets implementation with NGCP. Prior to that he spent nearly a decade as Vice President, Project Development at Aboitiz Power Corporation (2009–2018), where he led major projects including the 230 kV TVI transmission line, 350 MW Therma Visayas, 420 MW Pagbilao Expansion, the 700 MW Pagbilao IPPA acquisition, and two 100 MW power barges (PB117 and PB118).

Earlier roles include Business Development & Fuel Procurement Manager at TeaM Energy / Mirant Philippines (2003–2009), responsible for fuel plans at the 218 MW Sual and 35 MW Pagbilao plants; and a decade of engineering and project leadership at ABB Inc. (1993–2003).

Dennis M. Villasper
Chief Strategy Officer

Dennis M. Villasper

Chief Strategy Officer, Evergreenergy Management Corp.

Dennis is a veteran Philippine power-sector executive with more than three decades of experience across independent power producers, equipment OEMs, and power market development in the Philippines and the broader ASEAN region.

He most recently served as Country Manager for Power Generation at GE Philippines (from October 2011), where he drove GE's power generation business portfolio in the country, aligning GE's equipment platform with the dynamics of the Philippine power market, and worked closely with GE's ASEAN headquarters in Singapore to shape project strategy and competitive positioning across the region's independent power producers and market developers.

Prior to GE, he was Assistant General Manager for Power Systems at Mitsubishi Corporation's Manila Branch, where he built the company's power generation business, and served as a Director for Mitsubishi Corporation in Mirant Diamond Holding Corporation, the second-largest shareholder in the 1,200 MW Ilijan Combined Cycle Natural Gas Power Project.

Detailed CVs and references available on request from qualified investors and counterparties.

Work with us

Looking for a development partner in the Philippines?

We work with a small number of capital partners at any one time. If you're evaluating the Philippine market — for greenfield development, acquisition, or co-investment — start a conversation.

Schedule a developer briefing →