BDO Unibank Inc. (BDO) has partnered with ACEN, the Ayala group’s listed energy platform, to finance ACEN’s Onshore Wind Power Project—set to becomethe largest wind power facility in the Philippines.
This project is expected to deliver clean, reliable power to the Luzon grid, help avoid significant carbon emissions, and generate livelihood opportunities for host communities. It serves as a key pillar of ACEN’s renewable energy expansion and a major contribution to the Philippines’ goal of achieving a 35 percent renewable energy mix by 2030.
BDO is financing P12.04 billion or 35 percent of the P34.41 billion total loan facilityunder a 15-year term. BDO plays a key role in the transaction as Senior Lender, while BDO Capital & Investment Corporation (BDO Capital) serves as Joint Lead Arranger, and BDO Trust Investments Group acts as Facility Agent and Security Trustee. This partnership demonstrates BDO’s full support for high-impact and transformational projects.
“BDO has been a long-standing and trusted partner of ACEN. Their full-spectrum support—from corporate lending to capital structuring and trust management—has played a critical role in advancing this landmark project. This collaboration demonstrates the powerful impact of aligning the financial sector with clean energy developmentto accelerate the country’s energy transition,” said Eric Francia, President and CEO of ACEN Corporation.
