December 2, 2024

ACEN set to replace coal plant with $1.5-B solar facility

By Lisbet K. Esmael – 02:07 AM December 02, 2024 from inquirer.net / Philippine Daily Inquirer Ayala-backed ACEN Corp. is keeping its aggressive renewable buildup with a planned $1.5-billion investment targeted to finance a massive solar farm and energy storage […]
November 30, 2024

First Gen borrows P7 billion to boost hydro unit

By Brix Lelis – November 30, 2024 | 12:00am from The Philippine Star First Gen, through its subsidiary First Gen Hydro Power Corp. (FG Hydro), recently signed separate loan agreements with BDO Unibank Inc., Bank of the Philippine Islands (BPI) […]
November 29, 2024

ACEN Corp. completes buy of Paddak Energy

By Lorenz S. Marasigan – November 29, 2024 from Business Mirror ACEN Corp., the energy unit of the Ayala Group, on Thursday announced the full acquisition of Paddak Energy Corp. In a disclosure to the stock exchange, ACEN said it […]
November 28, 2024

ACEN acquires stake in BIM Energy, expanding Vietnam’s RE portfolio

By Gabriell Christel Galang – Nov 27, 2024 10:35 AM from Manila Bulletin Ayala-led renewable energy platform ACEN Corp. announced it will acquire Vietnamese firm BIM Energy Holdings (BIMEH) to help the neighboring country achieve its renewable energy goal. In […]