MANILA, Philippines — Manila Water Company, Inc. on Wednesday said that it signed a 15-year term loan facility of up to P27 billion with BDO Unibank, Inc. to finance its acquisition of 92.97 percent interest in WawaJVCo, Inc.
Manila Water acquired 100 percent interest of WawaJVCo, Inc. from parent company Prime Infrastructure, Inc. in October 2025.
WawaJVCo, Inc. was established to develop, operate and maintain the Wawa Bulk Water Supply Project, a critical infrastructure initiative designed to augment Metro Manila’s raw water supply.
Its asset portfolio includes the Tayabasan Weir in Antipolo, and the Upper Wawa Dam in Rodriguez.
