BDO Lends ₱12B to ACEN Wind Energy Project

BDO Unibank Inc. is financing ₱12.04 billion of a landmark onshore wind project by ACEN Corp., marking a major push toward the Philippines’ renewable energy targets.

The project, led by ACEN—the listed energy platform of the Ayala Group—is set to become the country’s largest wind power facility and will contribute clean energy to the Luzon grid.

“This partnership reflects BDO’s broader mission of empowering businesses to thrive while helping move the country toward a more energy-secure and low-carbon future,” said Charles M. Rodriguez, BDO Executive Vice President and Head of the Institutional Banking Group.

Rodriguez emphasized BDO’s commitment to “forward-looking investments that power industries, uplift communities and drive economic development.”

BDO’s loan comprises 35% of the ₱34.41 billion total facility, structured over a 15-year term.

The bank’s role in the deal is threefold: Senior Lender, Joint Lead Arranger via BDO Capital & Investment Corp., and Facility Agent and Security Trustee through its Trust and Investments Group.

“BDO has been a long-standing and trusted partner of ACEN,” said Eric Francia, President and CEO of ACEN.

Francia noted the bank’s “full-spectrum support” was crucial to realizing the wind project, which aligns finance and sustainability in driving the nation’s clean energy shift.

The facility is expected to reduce carbon emissions, deliver reliable renewable power, and create jobs in host communities, supporting the country’s target of a 35% renewable energy mix by 2030.

“As a Joint Lead Arranger, BDO Capital is committed to structuring innovative and sustainable financial solutions that help visionary companies like ACEN turn bold ideas into reality,” said Ed V. Francisco, President of BDO Capital.

BDO’s investment also supports its broader strategy to align its financing portfolio with national sustainable development goals and green business transitions.