GIP investing P13.7 billion for 40% stake in Aboitiz InfraCapital

Upgrade to High-Speed Internet for only ₱1499/month!

Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.

Visit Suniway.ph to learn

January 1, 2026 | 12:00am

MANILA, Philippines — The Aboitiz Group is bolstering its infrastructure business with global investment firm BlackRock Inc. taking a 40-percent stake in Aboitiz InfraCapital Inc. (AIC) for P13.7 billion.PAboitiz Equity Ventures Inc. (AEV) said it has completed definitive agreements with Global Infrastructure Partners (GIP), a part of BlackRock, formalizing their strategic partnership in AIC.

Under the agreements, GIP is expected to invest a total of P13.7 billion through a combination of a secondary share purchase from AEV and a primary share subscription in AIC.PGIP is expected to hold 40 percent of AIC, while AEV will retain a 60-percent controlling interest upon completion of the transaction.

AEV said that the investment remains subject to the satisfaction of customary closing conditions and the receipt of required regulatory approvals.

“GIP brings deep global expertise across energy, transport, digital infrastructure and utilities, which will strengthen AIC’s ability to scale, deliver faster and create long-term value,” Aboitiz Group CEO Sabin Aboitiz said.

The partnership also reflects strong confidence in the country’s infrastructure sector, supporting the continued growth and long-term development of AIC’s diversified infrastructure portfolio.

AIC develops, operates and manages investments in critical infrastructure across airports, water and wastewater as well as digital infrastructure, providing platform governance and shared services across its portfolio.

In airports, AIC is currently undertaking the development and modernization of the Bohol-Panglao International Airport  and Laguindingan International Airport under the multi-year concession agreements awarded by the government in 2024.

“We are very pleased to partner with Aboitiz InfraCapital as we work together to help accelerate infrastructure development in the Philippines. This collaboration reflects our shared commitment to supporting long-term, sustainable growth across the country,” Ray Nadarajah, emerging markets partner at GIP, said.P“By combining our global investment capabilities with Aboitiz’s deep local expertise, we aim to help deliver essential infrastructure that strengthens communities, drives economic progress and creates lasting value,” he said.