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ALI secures P13-B green loan from IFC
Manila Bulletin
|August 30, 2025
P13-B green loan from IFC
International Finance Corp. (IFC), the investment arm of the World Bank Group (WBG), is providing a second sustainability-linked loan (SLL) of up to P12.87 billion ($225 million) to real estate giant Ayala Land Inc. (ALI), marking another milestone in sustainable finance in the real estate sector.
IFC said the strategic move to expand their partnership underscores both sustainability and financial innovation by scaling green and resilient buildings in the Philippines while supporting job creation.
The loan will fund the development of Greenbelt 1 in Makati City and Ayala Malls Evo City in Cavite province, two large-scale commercial projects with an estimated gross leasable area (GLA) of 89,000 square meters (sqm).
Esta historia es de la edición August 30, 2025 de Manila Bulletin.
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