Filinvest Land, Inc. (FLI) continues to take the lead in redefining energy efficiency in Philippine real estate by deploying advanced cooling systems in its flagship Festival Mall and in Quest Hotel Clark under Filinvest Hospitality. Executed through Philippine DCS Development Corporation (PDDC)— a joint venture of FLI and ENGIE—both initiatives are structured as 20-year Build-Own-Operate-Transfer (BOOT) Energy Efficiency Performance projects that cover the full development, design, installation, operation, and long-term maintenance of these state-of-the-art systems. These landmark projects go beyond routine upgrades. They are bold statements of Filinvest’s commitment to decarbonize its portfolio, cut energy costs, and deliver future-ready assets that set a new benchmark for sustainable operations in Philippine real estate.

At Festival Mall, Filinvest Land is raising the bar for sustainable retail operations with a state-of-the-art cooling system that redefines both efficiency and comfort. This is not a simple upgrade—it is a decisive leap in how malls can operate more sustainably while delivering superior customer experience.

The initial phase targets a 36% reduction in energy consumption, with even greater efficiencies expected once the project reaches full implementation and commercial operations. This marks an unprecedented milestone in energy performance, setting a new standard for sustainable building operations.

Beyond energy savings, the impact will be felt where it matters most—comfort. Indoor cooling temperatures inside the mall will be a consistently cool 23–24°C. The result is a vastly enhanced customer experience, delivering greater comfort while consuming significantly less energy. This breakthrough proves that cutting-edge technology can drive both sustainability and customer satisfaction, reshaping the way malls operate for the future.

On top of comfort, the new system is projected to generate at least ₱56.9 million in annual electricity savings—powerful proof that sustainability drives not only environmental gains but also stronger business performance.

“Festival Mall’s new cooling system is a clear example of how we are future-proofing our assets through sustainable innovation,” said Tristan Las Marias, President and CEO of Filinvest Land, Inc. “This project reflects our unwavering commitment to delivering greener, more reliable, and more efficient spaces for our stakeholders, while reinforcing our role in shaping sustainable communities nationwide.”

By marrying energy savings with superior customer experience, Festival Mall’s chilled water system proves that sustainability and performance can go hand in hand, setting a benchmark for retail developments across the country.

At Quest Hotel Clark, PDDC is embarking on a 20-year Build-Own-Operate-Transfer (BOOT) Energy Efficiency Performance project that will completely transform the hotel’s cooling and hot water systems. Covering the full cycle of design, financing, construction, operations, and maintenance, the project also ensures meticulous preventive care and a replacement program of the airside system, securing efficiency and reliability for decades to come.

The timeline reflects the scale of ambition: a swift two-month mobilization, followed by 14 months of construction, testing, and commissioning, before entering 20 years of continuous operations and maintenance. Once operational, the project will cut the hotel’s cooling energy use in half and avoid roughly 7,400 tons of carbon dioxide emissions - an environmental gain comparable to planting 56,000 tree seedlings.

“As the pioneer of large-scale district cooling system in the Philippines, PDDC is proud to be leading this transformation at Quest Hotel Clark,” said Engr. Jonathan Urbano, General Manager of PDDC. “This project not only demonstrates how advanced technology can deliver significant energy savings, but also how sustainability can be integrated into hospitality operations to create long-term value for businesses, communities, and the environment.”

“Our partnership with Filinvest goes beyond project delivery — it’s about demonstrating how large-scale cooling can reshape the future of sustainable cities in the Philippines,” said Jacques Boonen, Managing Director, Southeast Asia, ENGIE. “Through PDDC, we combine Filinvest’s local leadership with ENGIE’s global expertise to deliver measurable energy savings, reliability, and tangible progress towards decarbonization.”

These milestone projects are more than isolated efforts—they are part of a nationwide shift that supports the Philippines’ energy transition agenda and advances the United Nations Sustainable Development Goals (SDG 7: Affordable and Clean Energy, and SDG 13: Climate Action). By introducing modern and environmentally conscious cooling systems in both hospitality and retail, Filinvest Land is actively cutting emissions, setting new standards for sustainable and efficient commercial operations at scale, and pioneering benchmarks for green operations in the country’s real estate sector.

While other companies are exploring renewable energy and efficiency solutions, PDDC remains the first and only provider to deliver large-scale district cooling in the country. This positions Filinvest Land’s joint venture with ENGIE as a trailblazer in the Philippines—introducing a globally proven technology that has transformed energy use in cities like Singapore, Dubai, and Paris, and adapting it for local needs. By doing so, PDDC is proving that greener infrastructure is not just possible in the Philippines, but commercially viable and operationally superior as seen in its other projects – The Northgate, Filinvest City Alabang District Cooling System currently serving 14 buildings, LIPAD Clark International Airport, Entrata Urban Complex and PBCom Tower.

Filinvest Land, through PDDC, is reaffirming its long-term commitment to sustainability and innovation. The landmark projects at Quest Hotel Clark and Festival Mall are part of a broader drive and strategy to embed energy-efficient, low-carbon solutions across Filinvest’s nationwide portfolio with Filinvest REIT Corp. already leading the way in the office sector. By taking the lead in this transformation, Filinvest Land is shaping not just greener properties, but a more resilient future for communities across the Philippines.

With a proven track record of delivering substantial energy savings, zero-downtime reliability, and lower carbon emissions, PDDC is expanding its solutions beyond the Filinvest ecosystem. Companies with large-scale cooling needs can now entrust PDDC with the future-proofing and operations of their cooling systems through long-term Build-Own-Operate-Transfer (BOOT) arrangements. This allows client leaders to focus on growing their core businesses—without the burden of significant CAPEX or customer concerns over indoor climate comfort and performance.