Insider Spotlight
Tubig Pilipinas Holdings Inc. is looking beyond its corporate rebranding as it positions itself to become one of the Philippines’ largest water infrastructure companies, backed by a growing project pipeline, new leadership, and an expanded focus on sustainable water services.
The listed firm, formerly Coal Asia Holdings Inc., officially adopted its new corporate identity effective June 25 following the completion of a share-swap transaction that transferred Tubig Pilipinas Group Inc.’s operating business into the company while divesting its coal interests.
The move establishes water supply, treatment, distribution, and wastewater management as its core business.
Looking ahead
The company said the new identity lays the foundation for expanding its nationwide footprint as demand for reliable water infrastructure continues to grow across local governments, businesses, and communities.
“The Tubig Pilipinas name reflects both who we are and what we intend to build: a leading water infrastructure company serving communities across the country,” Tubig Pilipinas Group Inc. president Ryan Wesley T. Yapkianwee said. “This transition gives us a stronger foundation to expand our capabilities, invest in more projects, and bring reliable and sustainable water services to more Filipinos.”
Building for growth
Tubig Pilipinas continued laying the groundwork for that expansion during its annual stockholders’ meeting on Aug. 5, where shareholders were presented with three board nominees whose backgrounds span water utilities, corporate finance, banking, and investments.
Luis Juan “Chito” Oreta previously served as chief operating officer and chief finance officer of Manila Water Company Inc., while Victor Valdepeñas held senior leadership roles at Citibank N.A. and Union Bank of the Philippines. Samuel Young brings investment management and real estate development experience. The company said the additions are expected to strengthen governance as it pursues its long-term growth ambitions.
What’s next
The rebrand comes as Tubig Pilipinas accelerates project development across the country. Its latest initiative is a 25-year joint venture with the Authority of the Freeport Area of Bataan to improve, operate, and expand the Freeport’s water supply and sewerage systems.
According to the company, it currently operates 12 water infrastructure projects across Luzon, Visayas, and Mindanao, with five more under construction and 13 in the development pipeline.
Those projects are expected to support the company’s ambition of becoming the country’s largest water infrastructure company while expanding access to reliable and sustainable water services. —Daxim L. Lucas| Ed: Corrie S. Narisma
