Filinvest Development Corp. (FDC), the investment vehicle of the Gotianun family, is signaling a continued push for expansion following record-breaking performance last year.

FDC Chief Operating Officer Ysmael V. Baysa said the conglomerate aims to sustain its growth trajectory by maintaining high levels of capital investment, even as it pivots its focus from a cooling real estate market toward renewable energy projects.

Baysa said that the company anticipates another year of robust profit growth, building on the 21 percent increase in net income reported in the first nine months of 2025.

While acknowledging that 2026 presents a more challenging macroeconomic environment, Baysa said they remain optimistic about the outlook for the group’s diversified portfolio, particularly its banking, power, and sugar segments.

“We’re still optimistic about 2026. Of course, it is more challenging than 2025, but we’re optimistic about the outlook,” Baysa stressed.

The company’s investment strategy for the year involves a capital expenditure program comparable to previous levels, though the internal allocation is shifting.

Baysa noted that FDC is ramping up spending in its power business as it seeks to build new capacity and expand into solar energy. This increased funding for the energy sector will be offset by a reduced budget for the real estate division, which is currently navigating a market slowdown.

FDC Utilities, the group's power arm, is embarking on an ambitious plan to triple its total generation capacity to 1,350 megawatts by 2033, up from its current 450 megawatts. The expansion is centered heavily on renewable energy.

FDC Utilities President Juan Eugenio L. Roxas said the current portfolio includes solar, biomass, and hydroelectric assets, with a new 21-megawatt solar plant scheduled for inauguration this month.

The utility unit is eyeing two additional solar farms in Cotabato and Socsargen. However, those projects face potential regulatory hurdles as the company awaits clearer land-use policies.

The Department of Agriculture has recently signaled a desire to limit the conversion of agricultural land into solar energy sites, a move that could impact the speed of FDC’s renewable rollout.

To fund its growth ambitions last year, FDC earmarked ₱24 billion in capital expenditures to target a 20 percent growth rate.

FDC Chief Finance Officer and Treasurer Ven Christian Guce said that while nearly half of that budget was directed toward completing ongoing real estate projects, the company is now prioritizing different segments.

Guce noted that 40 percent of recent allocations have been directed toward expanding hotel portfolios and core power investments, while 10% is dedicated to digitalization and shared services to bolster operational efficiency across the conglomerate.