June 7, 2024

ACEN infuses P8.69b into Giga Ace 8

By Alena Mae S. Flores – June 6, 2024, 7:35 pm from manilastandard.net ACEN Corp. said Thursday it signed a subscription contract with wholly-owned subsidiary Giga Ace 8 Inc. for the additional subscription in the company amounting to P8.69 billion. […]
May 25, 2024

ACEN raises YMP Telecom credit to P466m to fund energy projects

By Alena Mae S. Flores – May 24, 2024, 8:40 pm from manilastandard.net ACEN Corp. said it substantially increased its credit facility to YMP Telecom Power Inc. to P466 million from P200 million to fund the latter’s development costs of […]
May 21, 2024

ACEN guarantees P1.4-b loan of San Carlos Solar Energy

By Alena Mae S. Flores – May 20, 2024, 7:35 pm from manilastandard.net ACEN Corp. said Monday it acted as guarantor to the P1.4-billion loan of subsidiary San Carlos Solar Energy Inc. (SACASOL). SACASOL is the owner and operator of […]
May 14, 2024

Diesel plants helped avert blackout in April

By Alena Mae S. Flores – May 13, 2024, 10:40 am from manilastandard.net Power generation companies called on the government to help make diesel plants more viable as these facilities helped avoid rotating power outages during red and yellow alerts […]