Friday, May 1, 2026
Today's Print

Tag: ACEN Corp.

Peso slumps to new low of 61.56 a dollar

The peso slumped to a record low of 61.567 against the US dollar for a second consecutive day Wednesday as investors weighed the prospect...

Stocks climb; peso closes at 59.43 a dollar

Philippine equities surged more than 2 percent Wednesday to close above the 6,000 level as global markets rallied following a two-week ceasefire agreement between...

Stocks, peso rise as Middle East tensions ease

The Philippine peso and local stocks rose Tuesday after US President Donald Trump announced a five-day pause on military attacks against Iran, sparking a...

InLife taps ACEN unit to power offices with RE

Insular Life (InLife) has signed a strategic partnership with ACEN RES, the retail electricity arm of ACEN Corp., to power its corporate offices with...

Meralco names SMC unit lowest bidder for supply deal

Manila Electric Co. (Meralco) on Tuesday announced that San Miguel Corp. unit Sual Power Inc. (SPI) submitted the lowest offer for its 200-megawatt baseload...

ACEN infuses P1.9b to unit for solar plant

ACEN Corp. on Wednesday said it has subscribed to additional preferred shares of subsidiary Natures Renewable Dev’t Corp. (NAREDCO) valued at P1.9 billion. ACEN disclosed...

ACEN sells stakes in 3 diesel power plants

Ayala-led ACEN Corp. has sold its ownership interests in three diesel power plants to its parent company, AC Energy and Infrastructure Corp. (ACEIC), in...

ACEN unit eyes 247-MW wind farm in Quezon

GigaWind4 Inc., a subsidiary of ACEN Corp., plans to develop the 247-megawatt Banahaw Wind Power Project in Quezon province at a cost of P34.524...

ACEN postpones P30-b stock rights offering

ACEN Corp. said Monday it postponed its proposed P30-billion stock rights offering (SRO) in September due to the revised scheduling of the group’s capital...

ACEN’s net income dropped 88% to P763m in first half

ACEN Corp. said Tuesday its consolidated net income dropped 88 percent in the first half of 2025 to P763 million from a year ago,...

ACEN buys 25%stake in offshore wind developer

ACEN Corp. said Tuesday it signed a deed of absolute sale with CI NMF Philippines C.V. to acquire a 25-percent stake in CI GMF...

ACEN sells stakes in 3 diesel plants to ACEIC

ACEN story. ACEN Corp.’s executive committee approved the sale of its ownership interests in three special purpose companies, which own the company’s diesel plants,...

ACEN expects to raise P30b from stock rights offering

ACEN Corp., the power generation arm of the Ayala Group, said on Wednesday it expects to raise up to P30 billion in fresh capital...

ACEN Australia taps 11 lenders to raise Au$750m

ACEN Corp. said Tuesday its unit ACEN Australia tapped 11 international lenders to raise Au$750 million to finance its operating renewables assets and new...
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