March 12, 2022

ACEN to tap P23-B loan facilities for project expansions

By Myrna M. Velasco – March 11, 2022, 4:08 PM from Manila Bulletin To prop funding for its robust investment pipeline, Ayala-led ACEN Corporation will be tapping P30.5 billion in additional loans. As disclosed to the Philippine Stock Exchange (PSE), […]
March 10, 2022

ACEN sets P55.5-B capex for project expansions; income up 22% to P5.2-B

By Myrna M. Velasco – March 9, 2022, 2:35 PM from Manila Bulletin Having logged consolidated net income growth hitting P5.3 billion last year, Ayala-led energy firm ACEN Corporation will also be on its massive-scale capital spending to the tune […]
February 23, 2022

Citicore Renewable allots P70B for power projects

BY LENIE LECTURA – FEBRUARY 22, 2022 from Business Mirror Citicore Renewable Energy Corp. (CREC), the renewable energy arm of Citicore Power Inc., is earmarking P70 billion for the expansion of its power generation portfolio to 1,500 megawatts (MW) in […]
February 22, 2022

ACEN launches energy storage project

BY LENIE LECTURA – FEBRUARY 21, 2022 from Business Mirror AC Energy Corp. (ACEN), the listed energy platform of the Ayala Group, has switched on the country’s first hybrid solar and energy storage project. The 2×20 megawatt (MW) energy storage […]