BDO Unibank Inc. (BDO) has committed ₱12.04 billion in financing—35 percent of a ₱34.41 billion loan facility—for ACEN Corporation’s onshore wind power project, poised to become the largest wind facility in the Philippines. The financing is structured under a 15-year term.
The project is a flagship component of ACEN’s renewable energy expansion and supports the national target of a 35 percent renewable energy mix by 2030. It is also expected to supply clean energy to the Luzon grid, avoid substantial carbon emissions, and drive economic opportunities in host communities.
BDO takes on a leading role in the transaction as senior lender. BDO Capital & Investment Corporation acts as joint lead arranger, while BDO Trust Investments Group serves as facility agent and security trustee.
“This collaboration demonstrates the powerful impact of aligning the financial sector with clean energy development,” said ACEN president and CEO Eric Francia, emphasizing BDO’s long-standing partnership and comprehensive support.
BDO Capital president Ed V. Francisco highlighted the firm’s commitment to “structuring innovative and sustainable financial solutions,” while Charles M. Rodriguez, BDO EVP and head of institutional banking, underscored the bank’s broader mission to finance projects that enable green transition and national development.
The partnership affirms BDO’s strategy to align its portfolio with the country’s sustainable development goals and support clients in transitioning to low-carbon business models.
