I Squared Capital commits an additional $1 billion to Philippine infrastructure, doubling its total investment to over $2 billion, focusing on energy, transport, logistics and digital projects.
I Squared Capital, a leading global infrastructure investor, committed an additional $1 billion to infrastructure development in the Philippines, doubling its total exposure in the country to over $2 billion.
The company announced its plans during a high-level meeting with President Ferdinand Marcos Jr. where it committed to channeling the fresh investment into critical projects in energy transition, transport and logistics and digital infrastructure—priority areas under the country’s long-term development blueprint.
“Through this partnership, the Marcos administration is demonstrating how private capital can be a force for national resilience, sustainability and competitiveness. We are proud to contribute to the country’s infrastructure transformation,” said I Squared Capital chairman and managing director Sadek Wahba.
Secretary Frederick Go, the Special Assistant to the President for Investment and Economic Affairs (SAPIEA), said the announcement was “a clear vote of confidence in the Philippines as a destination for world-class infrastructure investments.”
“These projects will directly improve people’s lives, from powering communities with renewables to modernizing cold storage and expanding digital access,” said Go.
I Squared is implementing seven major infrastructure projects in the Philippines, including a plan to double its $200-million investment in modular power solutions through Aggreko Philippines for off-grid electrification.
Another is the development of a 1.5-gigawatt pipeline of utility-scale renewables by HEXA Renewables, including a 280-MW solar farm in Batangas, with plans to infuse an additional $350 million in investments by 2027.
The US investment company also supports Berde Renewables deployment of rooftop solar for commercial and industrial clients, reducing energy costs and supporting RE100 compliance.
In food infrastructure, I Squared recently acquired Royale Cold Storage, with expansion already underway. In the fuel sector, I Squared supports the $510-million fuel storage project of the Philippine Coastal Storage & Pipeline Corp., and in the digital space, I Squared is backing HGC’s rollout of over 1,500 kilometers of terrestrial fiber to improve broadband access in underserved areas.
The investment in BDx allows for the construction of enterprise-grade data centers to drive digital transformation and boost cybersecurity readiness.
The projects not only generate jobs and attract technology transfer but are also aligned with the Philippines’ climate and development goals.
I Squared Capital manages $45 billion in assets and operates more than 90 companies across 70 countries.
