EEI raises ₱4 billion to fund major infrastructure projects

Preferred Series E share offer will support work on the North-South Commuter Railway and Metro Manila Subway, alongside other projects.

Construction and engineering firm EEI Corp. is set to debut its ₱4-billion Preferred Series E shares, aimed at funding its recently awarded projects, including parts of the North-South Commuter Railway, the Metro Manila Subway, and regional condominium developments.

In a disclosure to the Philippine Stock Exchange on July 15, EEI said it will issue 40 million preferred shares under the Series E offering. The preferred shares will be offered at ₱100 per share for a total value of ₱4 billion.

Proceeds from the offer will fund the company’s working capital requirements, recently awarded projects, and the settlement of loan obligations.

In March 2026, EEI announced that it had been awarded big-ticket government transit projects and commercial condominiums.

The company will oversee segments of the North-South Commuter Railway, namely Package 7, which covers Banlic, Laguna, and Package 4, covering 6.5 kilometers of elevated, at-grade, and underground sections.

The Metro Manila Subway Project was also recently awarded to the company amid reported delays in construction and funding. EEI said the project is expected to be completed by the end of 2027.

Other projects in EEI’s pipeline include The Grand Midori Ortigas Tower 2 in Pasig City, The Seasons Residences Tower D in Taguig City, and Crown Residences and Crest Suites in Davao City.

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