Maynilad Water Services

MOBILIST acted as a cornerstone investor in the initial public offering (IPO) of Maynilad Water Services on the Philippine Stock Exchange (PSE).

Maynilad Water Services provides sustainable water and wastewater services to the West Zone of Metro Manila and three other cities. The company operates the largest water concession in the Philippines and Southeast Asia by active connections and population, providing essential water services to over 9 million people.  

Maynilad’s IPO was the second-largest in the PSE’s history, and MOBILIST invested alongside the International Finance Corporation (IFC), the Asian Development Bank (ADB), and a diversified group of private-sector investors. 

The capital raised through the listing will be used to upgrade, modernise, and expand the city’s water infrastructure. These upgrades will include implementing sensor networks to pinpoint maintenance needs to improve climate resilience by managing the water supply more effectively/ 

This was MOBILIST’s second investment in the Philippines, following the programme’s support for the IPO of Citicore Renewable Energy Corporation last year.

Learn more about Maynilad by visiting www.mayniladwater.ph