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Tag: ACEN Corp.

ACEN’s income soars 49% to P6.3b on higher capacity

ACEN Corp., the listed renewable energy platform of the Ayala Group, said Thursday its consolidated net income jumped 49 percent to P6.3 billion in...

ACEN retail arm helps RCBC Plaza switch to 100% renewable energy

ACEN Renewable Energy Solutions (ACEN RES), the retail electricity unit of the ACEN Corp., is helping RCBC Plaza in Makati City switch to 100-percent...

ACEN fully acquires 500-MW wind energy project in Quezon

ACEN Corp. said Thursday it signed a share purchase agreement with Maraj Energy and Development Corp. to acquire the remaining 60 percent of Real...

Major foreign, local energy firms plan to bid for CBK hydro plants

Large power players such as Marubeni Corp., Semirara Mining and Power Corp., Aboitiz Group, First Gen Corp. and ACEN Corp. expressed interest in the...

ACEN acquires more shares in Belenos Energy for P467m

ACEN Corp., the power generation arm of the Ayala Group, said it is subscribing to more shares in subsidiary Belenos Energy Corp. for P467.75...

ACEN secures $150-m green loan from bank consortium

ACEN Corp. said Friday its subsidiary ACEN Renewables International Pte. Ltd. (ACRI) secured a five-year syndicated green term loan and revolving credit facility amounting...

ACEN installs 14 wind turbines for Capa wind project in Ilocos Norte

ACEN Corp. and its joint partner installed 14 wind turbines with a capacity of 5 megawatts for the 70-MW Capa wind project in Caparispisan,...

SMC, ACEN to join bidding for Meralco’s 500-MW supply

San Miguel Corp. and ACEN Corp.’s power units expressed interested in joining the competitive selection process (CSP) for Manila Electric Co.’s 500-megawatt mid-merit renewable...

ACEN infuses P8.69b into Giga Ace 8

ACEN Corp. said Thursday it signed a subscription contract with wholly-owned subsidiary Giga Ace 8 Inc. for the additional subscription in the company amounting...

ACEN raises YMP Telecom credit to P466m to fund energy projects

ACEN Corp. said it substantially increased its credit facility to YMP Telecom Power Inc. to P466 million from P200 million to fund the latter’s...

ACEN guarantees P1.4-b loan of San Carlos Solar Energy

ACEN Corp. said Monday it acted as guarantor to the P1.4-billion loan of subsidiary San Carlos Solar Energy Inc. (SACASOL). SACASOL is the owner and...

Ayala’s renewable energy arm unveils plan to develop Texas wind project

ACEN Corp., Ayala Group’s listed energy arm, said Monday its subsidiaries are investing in a 165.6-megawatt wind project in Texas, United States. ACEN said in...

ACEN’s income climbed to P2.7b in Q1 on higher power output

ACEN Corp., the listed energy platform of the Ayala Group, said Wednesday its consolidated net income climbed 34 percent to P2.7 billion in the...

ACEN plans to invest P72b to finance RE projects this year

Ayala Group’s power generation arm ACEN Corp. is looking at capital expenditures (capex) of P72 billion this year to roll out its domestic and...
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