Security Bank Corporation and its investment banking arm, Security Bank Capital Investment Corporation, garnered nine recognitions at The Asset Triple A Sustainable Infrastructure Finance Awards 2026, underscoring the Group’s leadership in financing transformative infrastructure projects that advance clean energy, improve water access, and strengthen transport connectivity across the Philippines.
The awards recognize the Group’s expertise in structuring and financing complex transactions across multiple sectors, reinforcing its role as a trusted partner in delivering large-scale infrastructure projects that support the country’s long-term economic growth and sustainability agenda.
Among its biggest achievements, Security Bank and Security Bank Capital received the Asia-Pacific Deal of the Year and Project Finance Deal of the Year awards for the PHP150-billion Terra Solar Philippines Inc. term loan. Security Bank participated as lender, while Security Bank Capital served as co-arranger.
The landmark financing—the largest project finance transaction in Philippine history—will fund the development of the MTerra Solar Project (Meralco Terra Solar Project), which is expected to become the world’s largest integrated solar and battery energy storage facility. Once completed, the project will significantly expand the country’s renewable energy capacity while providing reliable electricity to millions of Filipino households.
The Group also received the Renewable Energy Deal of the Year – Hydro award for the Olympia Violago Water & Power Inc. term loan, with Security Bank Capital acting as co-arranger and Security Bank as lender. The financing supports the development of a 600-megawatt pumped-storage hydro facility in Rizal that will improve grid stability and facilitate greater integration of renewable energy into the national power system.
Security Bank Capital likewise earned a Highly Commended recognition in the same category for the Ahunan Power Inc. project, where it also served as co-arranger, while Security Bank participated as lender. The project will finance a 1,400-megawatt pumped-storage hydro facility designed to strengthen energy security and support the country’s growing renewable energy capacity.
Together, these projects reinforce the Philippines’ transition toward a cleaner and more resilient energy future by combining renewable power generation with large-scale energy storage solutions.
Beyond energy, Security Bank Capital was recognized with the Water Deal of the Year award for serving as domestic co-lead underwriter of the PHP34.3-billion Maynilad Water Services Inc. initial public offering (IPO). The transaction marked Southeast Asia’s first Green Equity issuance in the water sector and one of the largest IPOs in Philippine history. The proceeds will fund initiatives to expand water supply, reduce system losses, and improve sewerage services for millions of Filipinos.
In transport infrastructure, Security Bank Capital received the Transport Deal of the Year award for the PHP20-billion Metro Pacific Tollways Corporation bond issuance, where it acted as lead underwriter and bookrunner. The bond proceeds will finance the development and maintenance of major toll road networks, including CAVITEX, CALAX, and LLEX, helping improve mobility and reduce travel time across key economic corridors. The offering also drew strong investor confidence, with subscriptions reaching 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, Executive Vice President 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 Sustainable Infrastructure Finance Awards recognize outstanding infrastructure and capital market transactions across Asia. Through these award-winning deals, Security Bank and Security Bank Capital continue to advance sustainable infrastructure development and contribute to a more resilient, low-carbon, and inclusive Philippine economy.
