Ayala-led ACEN Corporation has clinched ‘B’ rating from CDP, a non-profit global entity which is authoritatively handling the disclosure platform for climate change impacts of investors, corporates and even government instrumentalities like cities and states. According to the company, its new...
Ayala-led ACEN Corp., through its joint-venture company UPC Power Solutions LLC, announced the successful acquisition of a renewable asset in Pennsylvania, United States. In a disclosure to the Philippine Stock Exchange on Wednesday, Jan. 24, ACEN said that UPC Power Solutions has completed...
The renewable energy unit of ACEN Corp. and Barito Renewables have completed the acquisition of wind projects under development in Indonesia. ACEN told the Philippine Stock Exchange that the acquisition, carried out through its subsidiary ACEN Renewables International, and PT Barito Wind Energy,...
The Belenos Energy Corp., a wholly owned subsidiary of ACEN Corp., signed an agreement for the acquisition of shares in companies that provide solar power to telecom towers and industrial facilities. In a disclosure to the Philippine Stock Exchange on Wednesday, Dec. 27, ACEN said that Belenos has...
ACEN Investments HK Ltd. (ACEN HK) and PT Barito Wind Energy (Barito Wind), two firms specializing in renewable energy, have signed a sale and purchase agreement (SPA) with UPC Renewables Asia Pacific Holdings to acquire wind development assets in Indonesia. In a disclosure to the Philippine...
Ayala-led ACEN Corporation has firmed up a deal with the Asian Development Bank (ADB) and Bank of the Philippine Islands (BPI) to raise P11 billion worth of sustainability-linked term loan facility that will partly bankroll the company’s solar projects. The loan, according to ACEN, will carry...
DUBAI, UAE – Ayala-led ACEN Corporation is batting for viable ‘replacement cash flow’ that will satisfy its shareholders on the planned accelerated retirement of its 246-megawatt South Luzon Thermal Energy Corp (SLTEC) coal plant. In an interview at the COP28 side events, ACEN President and...
DUBAI, UAE -- The South Luzon Thermal Energy Corp (SLTEC) generating asset of Ayala-led ACEN Corporation is catching the attention of the world, as this has been tapped as a ‘candidate plant’ for transition credits that will potentially showcase to the world that earlier retirement or phaseout...
AREIT Inc., the real estate investment trust of Ayala Land Inc., is acquiring P6.77 billion worth of industrial assets from another member of the Ayala Group, ACEN Corporation, to bolster its portfolio further. In a disclosure to the Philippine Stock Exchange (PSE), AREIT said it is acquiring 276...
Ayala-led energy platform ACEN Corp. has reallocated funds generated from its preferred share offering to its eco-friendly power projects. In a disclosure to the Philippine Stock Exchange, ACEN listed the changes including its transaction expenses related to the offering of Series A and Series B...
ACEN Renewables International Pte. Ltd. (ACRI), the subsidiary of Ayala-led ACEN Corp. has been authorized to restructure the outstanding loan of Yoma Strategic Holdings Ltd. (Yoma). In a disclosure to the Philippine Stock Exchange (PSE) on Monday, Nov. 6, ACRI offered a loan facility of $25...
Ayala group’s energy platform, ACEN Corp. has declared the cash dividends of its outstanding Series A Preferred Shares (PSE: ACENA) and Series B Preferred Shares (PSE: ACENB) for the fourth quarter of 2023. In a disclosure to the Philippine Stock Exchange on Friday, Nov. 3, ACEN’s board of...
