Macquarie and GIC explore $2bn sale of Philippine geothermal stake
Tuesday, November 10, 2026 · first reported by Private Equity Wire
Macquarie Asset Management and GIC are exploring a sale of their joint holding in Philippine geothermal producer Energy Development Corporation (EDC), which could be valued at about $2bn, according to Bloomberg as relayed by Private Equity Wire. Together the investors own roughly one-third of EDC. Goldman Sachs has been appointed to advise on options including a divestment. Infrastructure funds and industry participants have shown early interest, and talks are at a preliminary stage.
A Macquarie-managed fund and a GIC affiliate bought the stake in 2017 for about $1.3bn.
- Also named
- GIC, Goldman Sachs
- Deal value
- $2B
- Asset class
- Infrastructure
- Geography
- Asia-Pacific
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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