Miami-headquartered I Squared Capital (I Squared), a leading global infrastructure company, is investing additional USD1 billion in Philippines’ critical infrastructure – logistics, digital infrastructure, and energy, according to a company statement released by the Office of the Special Assistant to the President for Investment and Economic Affairs.
Secretary Frederick Go, Special Assistant to the President for Investment and Economic Affairs, said a high-level meeting was recently held in the U.S. with President Ferdinand Marcos Jr. where I Squared executives committed to invest an additional USD1 billion to advance critical infrastructure projects in the country.
This is on top of the USD1 billion in project enterprise value I Squared has invested in the Philippines.
The additional investments are geared for energy transition, transport and logistics, and digital infrastructure – key sectors aligned with the Philippine government’s national development agenda.
Sadek Wahba, chairman and managing partner of I Squared Capital, said: “This partnership underscores the Marcos administration’s commitment to harnessing private capital to meet the Philippines’ long-term infrastructure needs while enhancing national competitiveness, resilience, and sustainability. Through collaboration with global partners like I Squared Capital, the Philippines is positioning itself as a leading destination for infrastructure investment in the Indo-Pacific.”
Go described the partnership as proof of the Philippines’ growing appeal for world-class infrastructure investments. “These investments will improve lives—from powering homes and businesses with renewables, to ensuring safer food through modern cold storage, and connecting people and enterprises in the digital age. This is an investment in our people and their future,” Go said.
Ongoing I Squared projects in PH
Existing I Squared projects in the country include Aggreko Philippines, over USD200 million investments in modular power; HEXA Renewables, a solar solutions project; Berde Renewables; Royal Cold Storage; Philippine Coastal Storage & Pipeline Corp.; HGC, a terrestrial fiber connectivity; and BDx for data center projects.
“We are proud to partner with the Philippines on its infrastructure transformation. Our investments are delivering energy security, food resilience, and digital connectivity—building the foundation for inclusive economic growth and long-term prosperity,” said Wahba.
Based on its website, I Squared Capital is a leading global infrastructure investor managing USD45 billion in assets. The company builds and scales essential infrastructure businesses that deliver critical services to millions of people worldwide. Its portfolio includes over 90 companies operating in more than 70 countries and spanning sectors such as energy, utilities, digital infrastructure, transport, environmental and social infrastructure.
