Canadian investment firm Brookfield Corp. is planning to expand its Philippine footprint, particularly in renewable energy, as it seeks opportunities in emerging markets amid the country’s push to beef up its clean power capacity.
According to a recent release by the Department of Finance, Brookfield Energy Managing Director Stefano Ghezzi cited the country’s clean energy drive and investment reforms as factors spurring the firm’s interest in the country.
Brookfield entered the Philippine renewable energy market in 2025 through the acquisition of Singapore-based Alba Renewables, gaining access to a development pipeline of about 1.8 gigawatts of wind, solar and battery-storage projects, primarily in the Philippines and Thailand.
The pipeline gives Brookfield exposure to projects at different stages of development, although the available information did not specify how much of the capacity is located in the Philippines or when the projects are expected to be completed.
Beyond energy, Brookfield has a presence in the Philippine business process outsourcing industry through Everise, a US-based customer experience and information technology-business process management provider that employs about 7,000 people in the country.
The firm’s interest comes as the Philippines continues to attract investment in renewable energy.
The Board of Investments approved P900.06 billion in investments as of September, including hydropower, wind, solar and other energy projects.
Renewable energy also accounted for 190 projects, or 76.6 percent, of the BOI’s Green Lane pipeline, which covers investments designated for facilitated government processing.