Global Infrastructure Partners (GIP) has acquired Aboitiz InfraCapital, Inc., the infrastructure arm of the Aboitiz Group, for an undisclosed amount. This corporate acquisition sees GIP taking full ownership of Aboitiz InfraCapital's diverse portfolio of infrastructure assets and projects. The transaction marks a significant development in the Philippine infrastructure sector, bringing a global investor to a key local player.
Aboitiz InfraCapital is dedicated to transforming lives in the Philippines through integrated infrastructure facilities and services. The company partners with the Philippine government on various water, airport, digital infrastructure, and urban mobility projects. It also develops fully integrated economic centers aimed at fostering progress in the countryside. Its current operations include the Aboitiz Integrated Economic Centers in Batangas and Cebu, Apo Agua Infrastructura, Inc. in Davao, Lima Water Corporation in Batangas, and Unity Digital Infrastructure. Aboitiz InfraCapital also holds a minority stake in Balibago Waterworks System, Inc.
The acquisition is strategically significant, providing GIP with a substantial and established footprint in the rapidly developing Philippine infrastructure market. Aboitiz InfraCapital's diversified asset base, spanning critical sectors like water, digital connectivity, and economic zones, aligns with long-term infrastructure investment trends. This move is expected to leverage GIP's global investment capabilities with Aboitiz InfraCapital's deep local expertise and operational track record, aiming to accelerate the development and expansion of essential infrastructure.
Looking ahead, the combined entity is poised to enhance the delivery of vital infrastructure projects across the Philippines. The integration is anticipated to bring new capital and operational efficiencies, supporting the continued growth and modernization of the nation's infrastructure landscape and ultimately benefiting communities and businesses throughout the archipelago.