The World Bank Group’s International Finance Corporation (IFC) is set to approve a USD 25‑million equity investment in Seraya Partners Fund II (SEA II), a Singapore‑based infrastructure fund targeting Southeast Asia, including the Philippines. The decision is expected at IFC’s Washington board meeting on Nov. 6.

The SEA II fund is structured into two segments: a Developed Asia (DA) sleeve and a Southeast Asia (SEA) sleeve. IFC’s investment will anchor the SEA sleeve. This initiative is part of Seraya’s broader plan to raise USD 1 billion to USD 1.5 billion for projects in energy transition and digital infrastructure.

“The fund’s SEA sleeve aims to increase access to quality infrastructure in Southeast Asia to address significant gaps in infrastructure in EMs. In this context, the fund will invest in platforms across Malaysia, the Philippines, Vietnam, Thailand, and Indonesia across core sectors of digital infrastructure and energy transition,” the IFC disclosure said.

Target projects include battery storage, data centers, fiber networks, smart grids, and solar and wind power facilities. IFC will monitor outcomes through metrics such as renewable energy generation (GWh) and data center capacity (MW).

IFC highlighted the broader impact: “In addition to strengthening the infrastructure equity market in EMs, the fund’s success will demonstrate the commercial viability of the equity fund model and open new pathways for institutional investors to invest in the region.”

How should Philippine developers and policymakers position themselves to leverage this potential wave of investment? Join the conversation and share your insights.

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