BDO Capital sees rise in green project funding

(From L-R) Alain Charles J. Veloso, Partner at Quisumbing Torres; May Peñaloza, Vice President and Head of Corporate Funding and Trade Solutions at AboitizPower; Cecile Cruzabra, Group Treasurer at ACEN; Eduardo V. Francisco, President of BDO Capital & Investment Corporation; Jefferson Q. Pasia, Chief Financial Officer at CleanTech Global Renewable, Inc.; and Diana Tang, Director for Sustainable Finance for Asia Pacific at ING, during the Philippines Loan Market Conference. BDO Capital president highlighted the growing interest among sustainability-conscious investors to fund projects promoting clean, renewable energy and green infrastructures.

BDO Unibank, Inc. (BDO), through its investment house, BDO Capital & Investment Corporation (BDO Capital), is propelling economic progress by investing in critical infrastructure projects in the mass transportation and energy sectors, emphasizing sustainability and social impact.

Eduardo V. Francisco, President of BDO Capital, highlighted the increasing interest among sustainability-conscious investors in funding projects that promote clean, renewable energy and green infrastructures. He noted that companies could benefit from the loan market by pursuing projects that generate positive environmental, social, and economic impacts.

“BDO is ready to partner with you as you grow your business, creating a positive impact on our economy. The assistance we provide is not just through funding but includes the expertise we have developed over the years by working with successful local and multinational companies,” said Francisco.

BDO Capital has played a pivotal role in several significant deals. One notable transaction is the PHP 25 billion investment of Aboitiz Infracapital, Inc. (AIC) in GMR-Megawide Cebu Airport Corporation (GMCAC), the developer and operator of the Mactan Cebu International Airport. BDO Capital acted as the Sell-Side Financial Advisor to Megawide Construction Corporation and GMR Airport International BV, signaling strong confidence in the Philippine air transport industry and aiming to boost national economic growth.

In the transportation sector, BDO Capital acted as a joint mandated lead arranger and bookrunner for San Miguel Corporation’s (SMC) Metro Rail Transit 7 (MRT-7) project. The MRT-7, running from Quezon City to San Jose del Monte, Bulacan, is part of the administration’s “Build Better More” program and will provide significant economic and social benefits by enhancing mobility and creating job opportunities.

BDO’s commitment extends to the energy sector, where the bank provided financing to ACEN Corporation for renewable energy projects. This investment aims to enhance energy security and reduce carbon emissions, aligning with global sustainability goals and attracting environmentally-conscious investors.

The recent Philippines Loan Market Conference underscored the growing trend of sustainability-focused investments. During the conference, Francisco emphasized the role of BDO Capital in facilitating these green projects, fostering a sustainable and resilient economy.