SINGAPORE — Security Bank Corporation and its investment banking arm, Security Bank Capital Investment Corporation, secured a total of nine recognitions at The Asset Triple A Sustainable Infrastructure Finance Awards 2026, highlighting the Group’s role in financing landmark infrastructure projects that expand clean energy supply, strengthen water access, and improve transport connectivity across the Philippines.
The awards recognize the Group’s role in structuring complex transactions across energy, water, and transport, showing its capability to deliver large-scale, multi-sector infrastructure funding in the country.
Among the top recognitions, Security Bank and Security Bank Capital received Asia-Pacific Deal of the Year and Project Finance Deal of the Year for the PHP150 billion Terra Solar Philippines Inc. term loan. Security Bank participated as a lender, while Security Bank Capital acted as co-arranger.
The transaction is the largest project financing in Philippine history and supports the development of the MTerra Solar Project (also known as the Meralco Terra Solar Project), which is poised to become the world’s largest integrated solar and battery storage facility. The project will expand the country’s clean energy supply and help accelerate the Philippines’ renewable energy transition while delivering reliable power to millions of households.
The Group also received Renewable Energy Deal of the Year – Hydro for the Olympia Violago Water & Power Inc. term loan, where Security Bank Capital acted as co-arranger and Security Bank as lender. The project is a 600MW pumped hydro facility in Rizal that improves grid stability and supports the integration of renewable energy.
Security Bank Capital also received a Highly Commended recognition under the same category for the Ahunan Power Inc. project, where it served as co-arranger. The project will fund a 1,400MW pumped storage hydro facility that is expected to play a key role in supporting renewable integration and strengthening energy security. The Bank also participated in the transaction as lender.
Together, these energy projects support both renewable energy generation and large-scale storage, strengthening the country’s ability to integrate clean energy reliably.
In water infrastructure, Security Bank Capital was awarded Water Deal of the Year for its role as domestic co-lead underwriter in the PHP34.3 billion Maynilad Water Services Inc. IPO. The transaction is the first Green Equity issuance in the water sector in Southeast Asia and one of the largest IPOs in the Philippines. Proceeds will support investments to expand water supply, reduce system losses, and improve sewerage coverage, benefiting millions of customers.
In transport infrastructure, Security Bank Capital won Transport Deal of the Year for the PHP20 billion Metro Pacific Tollways Corporation bond issuance, where it served as lead underwriter and bookrunner. The proceeds will support the development and maintenance of key toll roads such as CAVITEX, CALAX, and LLEX, improving connectivity and reducing travel time across key corridors. The deal attracted strong investor demand, with subscriptions nearly three times the offer size.
“These recognitions from The Asset reflect our continued focus on supporting corporate clients in financing projects that drive real impact,” said Yvonne Marcelo, EVP and corporate banking group head of Security Bank. “Through our lending relationships, we enable investments in clean energy, water, and transport that strengthen essential infrastructure and support long-term growth.”
“Our ability to consistently execute complex transactions reflects both the discipline of our structuring approach and the trust our clients place in us,” said Virgilio Chua, president and CEO of Security Bank Capital. “By combining capital markets expertise with strong execution, we help bring critical infrastructure projects to market and support the country’s energy transition.”
The Asset Triple A Awards recognize outstanding transactions across Asia’s capital markets. Through these award-winning transactions, Security Bank and Security Bank Capital continue to support sustainable infrastructure in the Philippines and contribute to a more resilient, low-carbon, and inclusive economy.
