BDO Unibank has crossed a historic milestone, exceeding PHP 1.04 trillion in sustainable financing since launching its program in 2010. The bank’s investments support a wide range of projects, including energy, infrastructure, water, transportation, and community development. 

Leading the charge, BDO served as the primary lender for San Miguel Global Power’s Battery Energy Storage System (BESS), spanning 32 sites with a combined 1,000 MWh capacity. These facilities help stabilize the national grid by addressing renewable energy fluctuations, supporting the Philippines’ goal of 35% renewable energy by 2030. 

The bank also funded Citicore Renewable Energy’s 197 MW Citicore Solar Batangas 1 project, set to provide electricity to 158,000 households annually. This initiative includes Citicore’s AgroSolar program, which integrates solar power generation with ongoing agricultural activities. 

In a landmark deal, BDO backed MTerra Solar’s 3,500 MWp solar project with 4,500 MWh of battery storage—the world’s largest integrated facility of its kind. Spanning Nueva Ecija and Bulacan, it will supply clean energy to 2.4 million homes. BDO is leading a PHP 150 billion financing package for MTerra, contributing the largest share among six banks. BDO Capital serves as the Sole Mandated Lead Arranger and Bookrunner, while BDO Trust acts as Facility Agent and Security Trustee, with BDO as MTerra’s primary account manager. 

“Championing sustainable infrastructure is more than financing. It is about laying the groundwork for a sustainable and climate-resilient future. At BDO, we take pride in partnering with companies that drive innovation, uplift communities and fuel national progress,” said Charles M. Rodriguez, BDO Executive Vice President and Head of the Institutional Banking Group. 

BDO’s efforts extend to green buildings, solar rooftop systems, and energy-efficient infrastructure, helping businesses lower costs and reduce emissions. At the Philippine Conference on Energy Efficiency and Conservation, BDO ESG Desk Head Michelle Patricia Cillan emphasized, “Energy efficiency is clearly a pathway to a greener portfolio.  While there are challenges to be hurdled, having the right information and understanding our clients’ business models can unlock opportunities for financing.”  

Guided by its Sustainable Finance Framework—the most comprehensive in the Philippines and certified by Morningstar Sustainalytics—BDO supports 29 categories, including Green, Blue, Social, and Gender-focused initiatives. 

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