Ayala Corp. announced Wednesday that its US$100-million electric mobility financing deal with the Asian Development Bank (ADB) and the Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA) has been named the Philippines’ Transport Deal of the Year by The Asset Triple A Sustainable Infrastructure Awards 2025.
The award recognizes the landmark blended finance transaction’s role in accelerating the shift to electric mobility in the country.
Proceeds from the deal have supported Ayala’s mobility arm, ACMobility, in expanding its network of electric vehicle (EV) charging stations and acquiring additional EVs for commercial use.
Ayala said the transaction contributes to the country’s climate goals, particularly its commitment to reduce greenhouse gas emissions by 75% by 2030.
The agreement was finalized in January and includes a concessional loan from CANPA, a trust fund managed by ADB and backed by the Canadian government.
“This recognition affirms our efforts to advance electric mobility in the country,” said Ayala president and CEO Cezar P. Consing. “This financing has helped accelerate the Philippines’ shift to EVs.”
The Asset’s annual awards program honors institutions and projects across Asia that play a pivotal role in sustainable infrastructure development.
