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Magnus Energy

Commercial rooftop solar with zero capital outlay for Philippine businesses

Magnus Energy builds, owns and operates commercial and industrial rooftop solar across the Philippines, and sells the power to its customers through leases and PPAs.

Solar energy, Philippines

Two workers in hard hats and high-visibility vests fitting a solar panel on a rooftop

Impact

of solar built since 2019
50 MWp
Magnus's CEO
capital outlay for the customer
Zero
Magnus

The problem

A business that wants solar must normally pay for the plant first. That is a large cost for a company that would rather spend its cash on its own work.

Magnus describes its lease offer in one line: “Zero capital outlay. You buy the power, we own and operate the plant.”

What Magnus does

Magnus Energy builds, owns and operates commercial and industrial rooftop solar across the Philippines. Customers buy the power under a long-term PPA, or take a lease. Either way, Magnus owns and runs the plant.

Magnus was incorporated in Dumaguete City in April 2019 and bootstrapped from zero. It took its first outside equity in October 2024. Most of its growth came from its own projects.

Magnus’s CEO describes a portfolio that has grown to 50 MWp since 2019.

What changed

Magnus pays for every plant first and recovers the cost over the contract. The months between starting a plant and the first customer payment need funding.

In May 2026 Aquila disbursed a $250k asset-backed loan for 12 months. It funds new plants under the lease and PPA model.

Timeline

  1. April 2019

    Magnus founded

    Incorporated in Dumaguete City and bootstrapped from zero (Magnus website).

  2. 2021

    Solar lease programme

    Magnus launches its lease programme alongside its EPC business (Magnus website).

  3. October 2024

    First outside equity

    Investment from the Asia Energy Transition Platform (company-reported).

  4. May 2026

    Aquila asset-backed loan

    A $250k, 12-month loan to fund new plants.

Aquila is the lender on this loan. Loan figures as of October 2026. This case study describes one borrower and does not predict results for others.