Marubeni Corporation’s investment in Maynilad Water Services led to a successful IPO, raising over 34.3 billion Philippine pesos and marking a significant milestone in sustainable water utility financing.

Target Information

Maynilad Water Services, Inc. (referred to as “Maynilad”) is a prominent provider of sustainable water and wastewater services situated in the Republic of the Philippines. The company, which serves approximately 10.5 million individuals primarily in the West Zone of Metro Manila, offers essential water supply, wastewater management, and sanitation services. Established in 1997, Maynilad has consistently aimed to enhance its service delivery through significant capital investments which focus on reducing non-revenue water rates and boosting the coverage of wastewater systems.

In a strategic collaboration, Marubeni Corporation (hereinafter, “Marubeni”) has been an investor in Maynilad since 2013. Marubeni has played a crucial role in supporting the company’s growth by offering technical assistance and strategic insights derived from its extensive expertise in the global water sector.

Industry Overview in the Philippines

The water utility industry in the Philippines is characterized by ongoing challenges, including water scarcity, inadequate infrastructure, and a burgeoning demand for improved water quality and access. The government has been focusing on public