Projects
We recognize the critical importance of supply security, regardless of market conditions, and therefore invest in upstream operations whenever possible. By collaborating closely with mining companies, we provide financial support, pre-shipment financing, and production off-take arrangements to ensure timely and planned deliveries. This approach is particularly beneficial for miners with high-quality concessions but limited resources to maintain stable production, making them more susceptible to price volatility and market fluctuations. We add value for our partners by helping them maintain production stability and offering flexible pricing structures tailored to their risk appetite and business needs.
RENEWABLE ENERGY INVESTMENT
Galaxy Energy and Resources embarked on its renewable energy investment journey in 2017 with the acquisition of a major shareholding in H&WB Asia Pacific Pte Ltd Corporation, a Philippines-based power project development company. In 2019, H&WB successfully signed a Solar Energy Service Contract with the Philippine Government, through its Department of Energy, for a 75 MWac solar power project in Baras, Rizal Province, Philippines.
The project was executed through PH Renewables Inc. (PHRI), a subsidiary of H&WB. In 2021, PHRI was successfully sold to Global Business Power Corporation, one of the leading power generation companies in the Philippines.