Zobel-led Ayala Corp. plans to increase its capital spending by as much as 27 percent this year, betting heavily on renewable energy and retail even as it scales back investments in its traditional real estate stronghold. The holding company led by the Zobel family set its 2026 capital expenditure...
Ayala Corp., the Philippines’ oldest conglomerate, posted record core earnings for a third consecutive year as gains in its real estate and banking units shielded the group from the slump in its energy and telecommunications businesses. In a disclosure to the Philippine Stock Exchange, the firm...
Ayala Corp., the country’s oldest conglomerate, reported a sharp increase in profits for the first nine months of the year, driven by one-time gain tied to the revaluation of its stake in Gcash owner Mynt. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 13, the holding company...
Despite its focus on clean energy, ACEN Corp.’s bottom line struggled through September, as the Ayala-led firm 's net income fell, hampered by reduced output from its renewable assets and soft spot market prices. In a disclosure to the Philippine Stock Exchange on Friday, Nov. 7, ACEN...
Ayala-led ACEN Corp. infused approximately ₱1.9 billion into its renewable energy subsidiary, Natures Renewable Energy Development Corp. (NAREDCO) to support its financial obligations. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 8, ACEN announced that the company...
Ayala-led ACEN Corp., through its Australian unit, has secured approval from the Federal Government for the Robbins Island wind project, which is expected to be one of the largest private investments in Tasmania. The company said the grant comes after more than eight years of assessments by various...
Zobel-led Ayala Corp. reported a core net income, which excludes one-off items, of ₱23.7 billion in the first half of 2025—a two percent decline compared to the same period last year but an improvement from the four percent drop in the first quarter of the year. “This was a result of higher...
The Ayala Group reported that the parent company and four of its main subsidiaries have once again made it to the prestigious FTSE4Good Index Series due to their sound environmental, social and governance (ESG) practices. In a statement, the conglomerate said inclusion in the index strengthens the...
BDO Unibank Inc. (BDO) has teamed up with Ayala-led ACEN Corp. to finance over ₱12 billion or a third of ACEN’s multi-billion-peso loan facility for the Quezon North onshore wind power project, which is set to become the “largest wind power facility in the Philippines.” According to BDO,...
Ayala-led ACEN Corporation has finalized a ₱875-million subscription deal with its subsidiary, Buendia Christiana Holdings Corp. (BCHC), to finance land acquisitions for the group’s upcoming energy projects. In a disclosure to the Philippine Stock Exchange on Thursday, June 26, ACEN said the...
Ayala-led ACEN Corporation and renewable energy (RE) developer UPC Renewables have begun constructing two clean power projects in India, slated for completion by early 2027. In a disclosure to the Philippine Stock Exchange on Wednesday, June 25, ACEN and UPC announced they broke ground on a...
Ayala-led ACEN Corporation has secured a loan agreement with a Danish firm to develop the Philippines ' first large-scale offshore wind project. In a disclosure to the Philippine Stock Exchange on Tuesday, June 24, ACEN said the company executed a share purchase and loan agreement with CI NMF...