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Manila Bulletin devider Business devider The Stock Market devider ADB-backed EV finance for ACMobility named Philippines' transport deal of the year

ADB-backed EV finance for ACMobility named Philippines' transport deal of the year

Published Oct 22, 2025 03:15 pm
ACMobility Head of Strategy Dana Uson; Ayala Corporation Executive Director and Treasurer Estelito Biacora; ACMobility CEO Jaime Alfonso Zobel Ayala; ACMobility Head of Mobility Infrastructure Carla Buencamino; AC Mobility Chief Finance Officer Sharyn Jacobsen; Ayala Corporation Senior Treasury Manager Jhoanna Leoncio; and Ayala Corporation Chief Finance Officer Alberto de Larrazabal.
ACMobility Head of Strategy Dana Uson; Ayala Corporation Executive Director and Treasurer Estelito Biacora; ACMobility CEO Jaime Alfonso Zobel Ayala; ACMobility Head of Mobility Infrastructure Carla Buencamino; AC Mobility Chief Finance Officer Sharyn Jacobsen; Ayala Corporation Senior Treasury Manager Jhoanna Leoncio; and Ayala Corporation Chief Finance Officer Alberto de Larrazabal.
Ayala Corp.’s $100-million blended finance deal for electric mobility was named the Philippines’ Transport Deal of the Year in The Asset Triple A Sustainable Infrastructure Awards 2025.
The financing for Ayala subsidiary ACMObility came from the Asian Development Bank (ADB) and Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA).
The award cited how the deal helps advance electric mobility in the Philippines by enabling ACMobility to expand its electric vehicle charging station (EVCS) network and acquire more EVs for commercial distribution.
The Asset highlighted how the deal could contribute to reducing greenhouse gas emissions, in line with the country’s target of a 75 percent reduction by 2030.
Ayala and ADB signed the deal in January 2025. It includes a concessional loan from CANPA, an ADB-managed trust fund supported by the Canadian government.
This initiative strengthens ACMobility’s EV charging network, supporting the Philippines’ transition to wider EV adoption.
“This recognition affirms our efforts to advance electric mobility in the country. This financing has helped accelerate the Philippines’ shift to EVs,” said Ayala Corporation President and CEO Cezar P. Consing.
The Asset Triple A Sustainable Infrastructure Awards honor institutions and deals across Asia that have “made a difference” in the infrastructure sector, critical in the region’s development.

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Ayala Corporation ACMobility Asian Development Bank (ADB) Cezar P. Consing
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