Ayala-led energy platform ACEN Corp. has secured P5 billion worth of term loan facility. The loan facility would allow the borrower to request a large disbursement of funds for a term with an agreed schedule for repayment. In a disclosure to the Philippine Stock Exchange, ACEN said the company...
Ayala-led ACEN Corp. has committed P2 billion for green projects in Northern Luzon following successful preferred shares issuance last month. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 11, ACEN said the company has disbursed P1.72 billion for solar projects in Zambales,...
ACEN Corporation, the renewable energy unit of the Ayala Group, reported that its subsidiary ACEN Indonesia Investment Holdings Pte Ltd., has forged a joint venture with PT Dewata Megaenergi to develop projects in Indonesia. In a disclosure to the Philippine Stock Exchange (PSE), ACEN said the...
Ayala-led ACEN Corporation and Australian partner Yindjibarndi Aboriginal Corporation (YAC) have agreed an initial AU$1.0-billion investment for their planned 750-megawatt solar and wind farm with battery storage project in Australia. In a statement, ACEN said that the investment will form part...
Ayala-led ACEN Corporation has partnered with Norwegian Investment Fund (Norfund) for targeted provision of solar solutions that will cater to the energy needs of telecommunications companies in the Philippines. In a disclosure to the Philippine Stock Exchange (PSE), ACEN indicated that the proposed...
Ayala-led ACEN Corporation will be issuing $352 million worth of corporate guarantees as a support to loan payments of ACEN Cayman, one of its subsidiaries. The corporate guarantee has been approved by the company’s board of directors in their special meeting at the Grand Hyatt Hotel on Wednesday,...
Ayala-led ACEN Corporation has inked a purchase and sale agreement (PSA) with American firm GlidePath for the acquisition of the latter’s eight operating wind projects with aggregate capacity of 136 megawatts in northern Texas. This will be the entry point of ACEN and its partner UPC Power...
Ayala-led ACEN Corporation has partnered with US firm BrightNight for 1,200-megawatt (1.2-gigawatt) renewable energy portfolio buildup that will be installed in the Indian energy market. In a statement to the media Monday, March 13, the Ayala firm indicated that the equity to be injected by the...
