Yuchengco group to pour ₱22 billion into renewables, property, education
After reducing its stake in EEI Corporation last year, the Yuchengco Group’s flagship House of Investments (HI) has laid down its ₱22 billion investment plan for 2025 and 2026 focusing on expanding its renewable energy, property, and education businesses.
“Our investment roadmap is more than just a capex plan that channels resources for strategic and long-term value creation,” HI President and CEO Lorenzo Tan said during the firm’s annual stockholders’ meeting.
He noted that, “We are strengthening our portfolio to align with the Yuchengco Group’s commitment to future-proof our stakeholders and remain catalysts for nation-building and sustainable growth.”
Petro Energy Resources Corporation earmarked ₱9.3 billion for expansion in renewable energy projects through subsidiary PetroGreen Energy. Of this amount, ₱4.5 billion will be spent in 2025 and ₱4.8 billion in 2026.
The education arm iPeople, Inc. follows with an allocation of ₱5.3 billion over the two-year period with 82 percent set aside for campus expansion of the schools to support enrolment growth and expansion of program offerings.
The remaining capex is allocated for continuing investments in technology across iPeople’s schools.
Meanwhile, ₱4.2 billion of HI’s total two-year capex plan is directed towards expanding its property portfolio with the bulk to be spent for the completion of The Yuchengco Centre into a mixed-use office-commercial development.
This will feature an iconic and sustainable design with a network of open spaces, public art facilities, green architecture, sophisticated technology and eco-friendly materials, which are in line with its commitment to revitalizing the area and nurturing the community.
The recently announced prospective Joint Venture with Lima Land Inc. into its 100 percent-owned Tarlac Terra Ventures Inc. is not yet expected to require a large capex pending several regulatory approvals.
HI is also allotting ₱2 billion for information technology expenses to stay competitive, adapt to evolving business needs, enhance operational efficiency, and address security concerns, among others.
House of Investments said it recognizes that investing in I.T. is crucial for innovation and automation, as well as in maintaining a strong market position.