August 9, 2022

Ayala unit aims to hike RE capacity to 20GW by 2030

BY LENIE LECTURA – AUGUST 8, 2022 from Business Mirror ACEN Corp., the listed energy platform of the Ayala Group, is targeting to achieve a total of 20 gigawatts (GW) of renewable energy (RE) capacity by 2030 from the current […]
July 27, 2022

ACEN sells last coal asset to EPHI, InLife

BY LENIE LECTURA – JULY 26, 2022 from Business Mirror ACEN Corp. is selling its remaining coal asset to ETM Philippines Holdings, Inc. (EPHI) and The Insular Life Assurance Company, Ltd. (InLife) for P3.7 billion. “ACEN, the Ayala Group’s listed […]
July 13, 2022

AC Energy’s green bond rated Aaa by PhilRatings

BY LENIE LECTURA – JULY 12, 2022 from Business Mirror PHILIPPINE Rating Services Corp. (PhilRatings) has assigned an issue credit rating of PRS Aaa to the proposed P10-billion green bond issuance of AC Energy Corp. (ACEN). The offering has received […]
July 12, 2022

Meralco, San Miguel units want to adjust PSA prices

BY LENIE LECTURA – JULY 11, 2022 from Business Mirror The staggering increase in fuel prices prompted two power units of San Miguel Corp. (SMC) and the Manila Electric Co. (Meralco) to seek regulatory approval for a temporary price adjustment […]