Wednesday, 13 August 2025, 4:51 pm

    House of Investments bares P22-B capex plan through 2026

    Yuchengco-led House of Investments, Inc. (HI) has announced a P22-billion capital expenditure program running through 2026, aimed at expanding its energy, property, and education businesses, in line with the group’s long-term growth and sustainability goals.

    President and CEO Lorenzo Tan described the initiative as more than a typical capex plan, calling it “an investment roadmap” that underscores the group’s commitment to innovation, nation-building, and stakeholder value creation.

    A major portion of the investment—P9.3 billion—will be deployed by energy subsidiary PetroEnergy Resources Corp.to scale up renewable energy projects under PetroGreen Energy, with P4.5 billion set for 2025 and P4.8 billion for 2026.

    In education, iPeople Inc. will receive P5.3 billion, primarily for campus expansion and new program development to support rising enrollment demand. Around 80 percent of this will fund infrastructure growth across its schools.

    The firm is also committing P4.2 billion to expand its property portfolio, with significant spending going to complete The Yuchengco Centre, a flagship mixed-use development. Designed to feature green architecture, open spaces, and cutting-edge tech, the project reflects HI’s push toward sustainable urban revitalization.

    Separately, about P2 billion will go to information technology upgrades, aimed at improving operational efficiency, cybersecurity, and innovation capacity. “Investing in I.T. is crucial for maintaining a strong market position,” the company said.

    HI noted that its prospective joint venture with Lima Land Inc. involving Tarlac Terra Ventures Inc. remains under regulatory review and will not require major capex at this stage.

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