Canadian firm eyes RE investments in Philippines – Go

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November 1, 2026 | 12:00am

MANILA, Philippines — Canadian investment firm Brookfield Corp. is planning to expand investments in the Philippines’ renewable energy (RE) sector.

Finance Secretary Frederick Go, who also serves as investment czar, recently met with Brookfield Corp.’s officials to discuss the company’s planned expansion in the Philippines.

During the meeting, Brookfield Energy managing director Stefano Ghezzi expressed the firm’s strong interest in investing in emerging markets, particularly the Philippines, citing the country’s strong support for RE development.

He also cited reforms being implemented to make the country a more attractive investment destination in the region.

Go’s meeting with the investment firm’s officials builds on his engagement with Brookfield CEO Bruce Flatt in New York earlier this year, where they discussed investment opportunities in the Philippines.

“We welcome Brookfield’s interest and confidence in expanding its investments in the Philippines, particularly in RE. These investments can help strengthen our energy capacity, support a more reliable and affordable power supply and create more opportunities for economic growth and job generation,” Go said.

The planned expansion supports the government’s continued push to attract high-value investments to create more jobs.

Brookfield entered the Philippine RE sector last year through its acquisition of Singapore-based Alba Renewables.

The acquisition included a development pipeline of approximately 1.8 gigawatts of wind, solar and battery storage projects, primarily in the Philippines and Thailand.

Apart from RE, Brookfield is also involved in the Philippines’ business process outsourcing industry through Everise.

Headquartered in Orlando, Florida in the United States, Everise provides customer experience and information technology-business process management solutions.

In the Philippines, Everise currently employs 7,000 people.