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.

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
April 2019
Magnus founded
Incorporated in Dumaguete City and bootstrapped from zero (Magnus website).
2021
Solar lease programme
Magnus launches its lease programme alongside its EPC business (Magnus website).
October 2024
First outside equity
Investment from the Asia Energy Transition Platform (company-reported).
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.
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