December 2, 2022

Ayala unit to complete deal to own Sinocalan solar plant this month

BY LENIE LECTURA – DECEMBER 2, 2022 from Business Mirror ACEN Corp. said Thursday it expects to complete the acquisition of Sinocalan Solar Power Corp. (SPPC) in the next few weeks. A share purchase agreement for the sale of Sungrow […]
April 27, 2022

Enexor in talks with potential partners over SC55 drilling

BY LENIE LECTURA – APRIL 26, 2022 from Business Mirror ACE Enexor Inc. is in active discussions with potential partners about oil drilling in Service Contract 55 (SC55) offshore west Palawan. “We’re focusing a lot right now in terms of […]
February 11, 2022

ACEN hikes stake in subsidiary with P3.39-B asset transfer

By Myrna M. Velasco – February 10, 2022, 4:12 PM from Manila Bulletin Ayala-led ACEN Corporation will be increasing its stake by more than 13 percent in subsidiary ACE Enexor Inc. (ACEX) with the transfer of at least five assets […]
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) […]