December 14, 2021

Ayala unit to secure P300-M loan

BY LENIE LECTURA – DECEMBER 13, 2021 from Business Mirror ACE Enexor, Inc., the oil and gas arm of the Ayala Group, will borrow a total of P300 million to partly finance its projects including the planned 1,100 megawatt (MW) […]
December 9, 2021

Ayala Energy sells 2.7m shares to a unit of GIC

By Alena Mae S. Flores – December 06, 2021 at 06:10 pm from manilastandard.net AC Energy and Infrastructure Corp., a unit of conglomerate Ayala Corp., signed an agreement to sell 2,689,521,681 secondary shares of AC Energy Corp. to Arran Investment […]
November 27, 2021

ACEN removes oil exploration, mining from primary purpose

By Danessa Rivera – November 26, 2021 | 12:00am from The Philippine Star MANILA, Philippines — AC Energy Corp. (ACEN) is removing oil exploration and mining in its primary and secondary purposes in line with the company’s goal to achieve […]
November 23, 2021

ERC revokes freeze on issuing licenses to retail energy suppliers

By Marielle C. Lucenio – November 22, 2021 | 9:45 pm from Business World PHILSTAR THE ENERGY Regulatory Commission (ERC) has formally withdrawn a moratorium on issuing licenses to retail energy suppliers (RES), paving the way for more eligible power […]