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Friday, June 21, 2024

BDO Capital sees growing interest of investors in green project funding

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BDO Capital & Investment Corp., the investment house of BDO Unibank Inc., vowed to help drive economic progress with strategic investments in the development of critical infrastructure, particularly in the mass transportation and energy sectors, while highlighting sustainability and social impact.

BDO Capital president Eduardo Francisco noted the growing interest among sustainability-conscious investors to fund projects that promote clean, renewable energy and green infrastructures.

Companies can take advantage of opportunities in the loan market by pursuing projects that create positive environmental and social impact, apart from economic benefits, he said.

He said that BDO, recognizing the pivotal role of robust infrastructure in enticing foreign investors, cultivates key green project partnerships aimed at bolstering domestic mobility through expressways, roads, bridges and enhancing international and domestic connectivity through airport rehabilitation and expansion.

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

BDO Capital facilitated a landmark P25-billion investment of Aboitiz Infracapital Inc. (AIC) in GMR-Megawide Cebu Airport Corp. (GMCAC), the developer and operator of the Mactan Cebu International Airport.

The transaction is a notable milestone in the transport and mobility sector which signifies a strong vote of confidence in the Philippine air transport industry and aims to accelerate national economic growth. BDO Capital acted as sell-side financial advisor to Megawide Construction Corp. and GMR Airport International BV.

BDO Capital also acted as a joint mandated lead arranger and bookrunner in San Miguel Corp.’s Metro Rail Transit 7 (MRT-7) project which runs from Quezon City to San Jose del Monte, Bulacan. The train will have 14 stations along a 22-kilometer elevated railway line.

As one of the 198 high impact infrastructure projects under the administration’s “Build Better More” program, MRT-7 will provide livelihood, help accelerate the economy and contribute to the nation’s progress.

BDO’s investments also extend to the energy sector, providing the required financing to ACEN Corp. for more renewable energy sources. By investing in renewable energy projects, the bank aims to bolster energy security, while reducing its carbon emissions.

The bank said this strategic move aligns with global sustainability goals, making the nation more appealing to environmentally-conscious investors seeking responsible investment opportunities.

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