BDO Capital & Investment Corp. was recognized as the Philippines’ Project Finance House of the Year for the seventh time at The Asset Triple A Sustainable Infrastructure Awards 2024.
The accolade highlights BDO Capital’s outstanding track record in arranging financing for significant projects in industries such as energy and transportation, which are critical to the country’s economic growth.
BDO Capital also received the Renewable Energy Deal of the Year award for its role as mandated lead arranger and bookrunner for SMGP BESS Power Inc.’s P40-billion syndicated term loan facility.
This supported SMGP BESS’ Battery Energy Storage System (BESS), one of the largest integrated battery energy storage systems globally.
The transaction not only directly financed a sustainable energy source but also indirectly supported the development of other renewable sources, aligning with the Philippines’ goal of generating 35 percent of its energy from renewable sources by 2030.
BDO Capital also earned the Transport Deal of the Year award for serving as mandated lead arranger and bookrunner for SMC Mass Rail Transit 7 Inc.’s P100 billion Syndicated Loan Term Facility.
MRT-7 represents the largest-ever peso-denominated syndicated term loan in the Philippines and is a pivotal project under the Marcos administration’s “Build Better, More” infrastructure program, expected to significantly improve mass transportation in the country.
“We have always approached our transactions holistically. We participate in projects that contribute towards nation building which includes job creation, promotion of the well-being of the people and the environment, apart from providing benefits for lenders and borrowers. These recognitions serve as a testament to the team’s dedication in providing innovative financing solutions that deliver exceptional results,” said Eduardo Francisco, president of BDO Capital.
The Asset Triple A Sustainable Infrastructure Awards honor financial institutions and notable deals in infrastructure or renewable energy projects that made a significant impact from Jan. 1 to Dec. 31, 2023.
