DUBAI, UAE – Ayala-controlled ACEN Corporation, which has been expanding its investment foothold across foreign markets, is batting for capacity auction that will primarily delve with integrated renewable and energy storage system (IRESS) as prospective replacement for capacities that shall be...
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...
LANDBANK President and CEO, Lynette V. Ortiz (front row, right), and ACEN President and CEO, Eric Francia (front row, left), lead the signing of a ₱20-Billion loan agreement to fund ACEN’s general corporate requirements and investments in renewable energy projects on 29 November 2023 in Makati...
Ayala-led ACEN Corporation has inked P20 billion worth of term loan facility that will be used mainly to bankroll ongoing renewable energy (RE) projects as well as for general corporate purposes. According to the company, the debt facility has 10-year repayment term, but the lender-banks have not...
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...
The equity sell-down on its Salak and Darajat geothermal power assets in Indonesia had propelled profitability upturn for Ayala-led ACEN Corporation in the first three quarters to P6.6 billion, higher by 59-percent from P4.1 billion in a comparative period last year. In terms of core operating...
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...
The Philippines is among the largest plastic polluters in the world, with plastic products overflowing from landfills and finding their way into our natural resources, our waterways, and even the seas surrounding the country. Simply disposing of them is clearly not enough as the use of plastic,...
Yindjibarndi Energy Corporation (YEC), a subsidiary of Ayala-led ACEN Corporation has inked a preliminary deal with London-headquartered Rio Tinto for development collaboration on the latter’s targeted energy usage shift to renewable energy in its Australian mining operations. In a press...
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...