Maynilad Water Services, Inc.

Maynilad's Poblacion Water Treatment Plant was cited as “Water Project of the Year” at the Global Water Awards 2024. This category recognizes water project innovations commissioned in 2023 that optimizes physical or environmental footprint.   The said global recognition was presented during the Global Water Summit held in London on April 15, 2024.    Poblacion WTP is Maynilad’s third water treatment facility that draws water from Laguna Lake. It is a vital part of the company’s plan to develop alternative sources of water to ensure long-term water security. 

Happening Now: Maynilad Maiden Blue Bond - PDEx Listing Ceremony The company was able to successfully raise ₱15.0 billion worth of 5-year & 10-year Fixed Rate Blue Bonds. This is the first-ever SEC-registered Blue Bond in the Philippines, and the first public issuance of Maynilad. The proceeds will be used to fund essential Capex for sustainable water and wastewater management. A copy of the final Prospectus for the Blue Bonds may be viewed on the Maynilad website at https://lnkd.in/gsUtZ5rz.

Maynilad as adopted the Hybrid Sewer System (HSS) concept to help boost its collection of wastewater coming from households that are not eligible for individual sewer connection due to their location in narrow alleys, easements, and other fringe areas. The HSS concept involves utilizing the drainage connected to the discharge outlet of residences to catch wastewater. Under this concept, the untreated wastewater coming from households will be intercepted by the hybrid system before it flows into the nearest body of water, and diverted to a sewer line for conveyance to a Maynilad sewage treatment facility where it will undergo proper decontamination before its release to the environment. More: https://lnkd.in/gm6UwBkX

We are thrilled to announce that Maynilad's Plant for Life Program has been shortlisted for the Biodiversity Award category at the World Sustainability Award 2024! This recognition highlights our commitment to preserving our planet's rich biodiversity. Winners will be announced on October 24, 2024. Let's continue to work together for a greener, more sustainable future! More: https://lnkd.in/eaqT65X8

Maynilad is now utilizing artificial intelligence (AI) to identify areas in its water distribution system with high likelihood of leaks, thus enabling the company to detect pipe leaks more quickly and efficiently.   The AI technology that Maynilad tapped for this purpose is called Infrawise, which is owned and developed by Portugal-based AGS (Administração e Gestão de Sistemas de Salubridade), a wholly owned subsidiary of Marubeni Corporation. Infrawise is an AI decision-making software that analyzes and identifies critical areas in the pipe network where Maynilad should focus its leak detection and pipe replacement activities.   More: https://lnkd.in/gWWizDpW

Maynilad has received the permit to sell (“PTS”) from the Securities and Exchange Commission (“SEC”) for the first-ever offering of Peso-Denominated SEC-Registered Blue Bonds in the Philippines. Maynilad’s Blue Bonds have been granted a PRS Aaa with a Stable Outlook by the Philippine Rating Services Corporation (“PhilRatings”) on 15 March 2024, which is the highest possible credit rating on the PhilRatings scale and is given to debt obligations with the smallest degree of investment risk. More: https://lnkd.in/g3zRA4EC

Maynilad has increased the use of renewable energy in its operations by 15 percent through its partnership with MPower, the local retail supply arm of Meralco. Under the partnership, MPower will supply renewable energy from solar and biomass sources to run nine Maynilad facilities. With this shift to 15 percent clean energy, Maynilad can reduce its carbon dioxide (CO2) emissions by nearly 18,000 tons per year, which is equivalent to 4,284 gas-fueled cars off the roads. More: https://lnkd.in/gR4QWFyi

Maynilad recently completed the laying of an initial 11.6 kilometers of new sewer lines in Valenzuela City to expedite the provision of sewerage services for its 190,000 customers in the area. These newly laid sewer lines along Mc Arthur Highway in Valenzuela enables Maynilad to catch the wastewater generated by some customers in Barangays Karuhatan, Malinta, Marulas, and parts of Maysan, and convey it to the company’s Valenzuela Water Reclamation Facility for proper treatment before discharge to water bodies. More: https://lnkd.in/dTTfjyAB

They used to walk approximately 2.5 kilometers every day to get water for their needs. Now, this indigenous community in San Jose, Brgy. Pinamihagan, Romblon, is enjoying ready water access through Maynilad's solar-powered water generation and distribution system project. This project was done in partnership with the Department of Science and Technology-MIMAROPA (DOST-MIMAROPA) and the local government of San Jose, Romblon.

Maynilad has tapped Metropolitan Bank & Trust Co. (Metrobank) for a PHP10-billion loan to bankroll its capital requirements this year as it aims to provide better water service coverage and availability to consumers. As part of its ongoing commitment to optimize water management, enhance service quality, and contribute to build a more sustainable and resilient water utility sector, Maynilad said the 10-year loan, maturing in 2034, will be used to fund its capital expenditure requirements this year. More: https://lnkd.in/gFR8rws3