BDO Unibank Inc. has surpassed ₱1.04 trillion in sustainable financing since launching its Sustainable Finance Program in 2010, marking a significant milestone in its commitment to inclusive growth, environmental responsibility, and long-term economic resilience. The bank’s financing efforts span critical sectors such as energy, infrastructure, water, transportation, and community development.
Among its landmark deals, BDO served as anchor lender in the syndicated loan for San Miguel Global Power Holdings Corporation’s (SMGP) Battery Energy Storage System (BESS), a nationwide 1,000 MWh system enhancing grid stability and supporting renewable energy integration. It also financed Citicore Renewable Energy Corporation’s Citicore Solar Batangas 1, the largest solar power project in Batangas with a 197 MW capacity, and backed CREC’s AgroSolar initiative promoting agrivoltaics.
Most notably, BDO led the ₱150 billion financing for MTerra Solar, the world’s largest integrated solar and battery storage project, with 3,500 MWp solar capacity and 4,500 MWh storage across Nueva Ecija and Bulacan. BDO acted as the largest lender, sole mandated lead arranger, bookrunner, facility agent, and security trustee.
“These projects demonstrate BDO’s leadership in structuring and delivering large-scale sustainable finance solutions,” said Charles M. Rodriguez, EVP and head of the institutional banking group. “We are proud to partner with innovators building a climate-resilient future.”
BDO continues to support green buildings, solar rooftop systems, and resource-efficient infrastructure. Its Sustainable Finance Framework—certified by Morningstar Sustainalytics and covering 29 eligible categories—is considered the country’s most comprehensive for Green, Blue, Social, and Gender financing.
At a recent Department of Energy conference, Michelle Patricia Cillan, first VP and head of BDO’s ESG desk, underscored the bank’s approach: “Energy efficiency is clearly a pathway to a greener portfolio. Understanding our clients’ models unlocks financing opportunities despite the challenges.”
