THE BLUE CIRCLE AND ACCIONA ENERGÍA REORGANIZE THEIR PARTNERSHIP

Singapore, August 2025 - The Blue Circle and ACCIONA Energía have completed a reorganization of their partnership, with each of the companies focusing on different markets.

The restructuring will allow The Blue Circle to operate independently, focusing on Emerging Asia with active projects in Sri Lanka, Malaysia and Cambodia, including the Kouprey wind farm (150 MW), planned to start construction in 2026, which will be the company’s largest project in its 13 years of history. The Blue Circle is also planning to expand and open an office in Sri Lanka following the restructuring.

The transaction will see the ownership of renewable energy project portfolio in the Philippines, Thailand and Vietnam to be transferred to Acciona Energia. With this decision, The Blue Circle has achieved a significant financial milestone and have the capacity to finance its future growth.

Mr. Olivier Duguet, Co-Founder and CEO of The Blue Circle, announced this new phase in the company’s history: “I am glad to report that we have reached an agreement with ACCIONA Energia which will allow us to continue to be one of the leading and longest standing Renewable Independent Power Producer in Southeast Asia. The Blue Circle will keep its pioneering spirit with an exceptional track record and seasoned management team, implementing sustainable practices in every aspect of our developments. After this transaction, the group is debt free and ideally positioned to fully participate in the construction of a carbon free Emerging Asia.”

#RenewableEnergy #EmergingAsia #WindPower #SustainableGrowth #TheBlueCircle #EnergyTransition

The Blue Circle Releases 2024 Sustainability Report: "Getting Better by the Day"

Singapore, May 2025 - We are proud to announce the release of our 2024 Sustainability Report, highlighting The Blue Circle's continued commitment to environmental stewardship, social responsibility, and good governance across our operations in six countries.

This year marks a significant milestone in our sustainability journey, with The Blue Circle receiving the prestigious Singapore Apex Sustainability Award 2024 in the SME category from the Global Compact Network Singapore. This recognition celebrates not only our ESG team's leadership but also the daily contributions of all 152 employees who embody our sustainability mantra: "Getting better by the day."

As we expand our operations, together with @ACCIONA Energía, including our first and largest project in the Philippines, we remain focused on creating positive impact in local communities while advancing the United Nations Sustainable Development Goals.

Our 2024 report details progress across our four sustainability pillars and demonstrates how small, deliberate steps create meaningful change. We thank our partners, stakeholders, and team members who continue to support our mission of empowering people and protecting the planet.

The full 2024 Sustainability Report is now available on our website. Visit our Sustainability section to learn more about our initiatives and achievements.

#RenewableEnergy # SustainabilityReport #TheBlueCircle

Kalayaan 2 Wind Project: Celebrating Major Milestones in March 2025

Philippines, We're thrilled to announce two significant breakthroughs for the Kalayaan 2 Wind Project this March:

• Successfully completed concrete pouring for our first Wind Turbine Generator (WTG) Foundation

• Safely received and offloaded the first batch of WTG components at Batangas Port

Construction is progressing steadily, keeping us firmly on track toward our project goals as we move into Q2 2025.

These achievements mark pivotal moments in our journey to expand renewable energy in the Philippines. Each milestone brings us closer to delivering clean, sustainable power to local communities and supporting the nation's green energy transition.

The Blue Circle, together with @ACCIONA Energía, extends heartfelt appreciation to our dedicated partners at Bureau Veritas Group, Goldwind, and the entire team working tirelessly behind the scenes. Your commitment to excellence has made these achievements possible.

Together, we're not just building wind turbines – we're constructing the foundation for a more sustainable future.

#RenewableEnergy #WindPower #Kalayaan2 #CleanEnergyTransition #TheBlueCircle

🌱 Making a greener future, one tree at a time!

Philippines, January 17 2025, In support for the global action to reduce carbon emission and fight for climate change , Laguna Wind Energy Corp (LWEC) in partnership with LGUs aims for collaborative effort in promoting green energy emphasizing the utilization of renewable resources.

Last 17 January 2025, a total of 625 seedlings were planted during the Tree Planting Activity initiated by LWEC in partnership with the Municipality of Paete. The seedlings were planted in the one (1) Hectare area of Caliraya-Lumot Watershed in Paete. It was a collaborative effort from all the participants that includes personnels in the municipal office, partner local Non-Government Organizations (NGOs), Barangays of Paete, and representative from host communities.

#Sustainability #ClimateAction #TreePlanting #RenewableEnergy #CommunityService #Laguna #Philippines #Environment #GreenEnergy 🌿🌎

THE BLUE CIRCLE and its partner ACCIONA ENERGÍA Break Ground on 100.8 MW Wind Farm in Laguna, Philippines

Philippines, November 2024 - THE BLUE CIRCLE and its partner ACCIONA ENERGÍA marked a significant milestone in the Philippines' renewable energy sector with the groundbreaking ceremony of the Kalayaan 2 Wind Farm on November 13, 2024. The ceremony, held in the municipalities of Kalayaan and Paete in Laguna province, brought together key stakeholders from government agencies and financial institutions, underlining the strong support for renewable energy development in the Philippines.

The groundbreaking event was attended by distinguished guests including representatives from the Department of Energy (DOE), Board of Investments (BOI), Congressional leadership, Laguna Lake Development Authority, Enterprise Singapore, and partner banking institutions. Their presence demonstrated the broad-based support for this significant renewable energy project.

The Kalayaan 2 Wind Farm, representing an investment of approximately ₱8.7 billion (US$150 million), will feature 17 Goldwind GW165 GW wind turbines, for a total capacity of 100.8 MW. Upon completion in 2026, the facility will generate enough clean energy to power approximately 85,000 Filipino homes while preventing the emission of 320,000 tons of CO₂ annually. This project marks the first phase of the ambitious 350 MW Kalayaan Project, setting a new benchmark for renewable energy development in the region.

The Kalayaan 2 Wind Farm plays a crucial role in supporting the Philippine Government's renewable energy targets, which aim to increase the share of renewables in the energy mix to 35% by 2030 and 50% by 2040.

The Blue Circle together with its partner ACCIONA Energia continue to strengthen its renewable energy portfolio in the Philippines with several projects under development, including the second phase of Kalayaan (249 MW), the Baao Wind Energy Project in Camarines Sur (210.8 MW), and the Ibajay Wind Energy Project in Aklan and Antique provinces (80.6 MW).

ACCIONA Energía, recognized as the world's greenest power generation company for nine consecutive years, brings its global expertise of over 14 GW of total installed capacity to this project. Meanwhile, The Blue Circle, with its portfolio exceeding 2.5 GW of attributable capacity in renewable energy projects under development or construction in the Philippines, is part of the leading clean energy players in the country and is committed to the country's sustainable energy future.

[Photo caption: Government officials, financial partners, and executives from THE BLUE CIRCLE  and ACCIONA ENERGÍA at the groundbreaking ceremony of Kalayaan 2 Wind Farm in Laguna province]

#RenewableEnergy #WindPower #CleanEnergy #Sustainability #Philippines #ACCIONAEnergia #TheBlueCircle