February 28, 2024

ACEN seeks to recover P2.5 billion from high coal prices

By Alena Mae S. Flores – February 27, 2024, 7:45 pm from manilastandard.net ACEN Corp. sent notices to Manila Electric Co. (Meralco) for a change in circumstance (CIC) in its 2019 power supply agreement, seeking to recover about P2.5 billion […]
January 25, 2024

ACEN acquires stake in 38-MW US wind project

By Alena Mae S. Flores – January 24, 2024, 8:30 pm from manilastandard.net   ACEN Corp., the energy platform of the Ayala Group, said Wednesday its joint venture with PivotGen and UPC Solar & Wind Investments, completed the acquisition of […]
January 18, 2024

ACEN to guarantee $320-M loan secured by subsidiary

By Lenie Lectura – January 16, 2024 from Business Mirror ACEN Corp. will guarantee the $320-million loan obtained by its offshore investment subsidiary, ACEN Cayman, from two local banks. In a disclosure Monday, the power business arm of conglomerate Ayala […]
January 4, 2024

ACEN, Barito sign new partnership for Indonesia wind projects

By Alena Mae S. Flores – January 3, 2024, 7:50 pm from manilastandard.net ACEN Corp. of the Ayala Group and partner Barito Renewables completed the acquisition of shares in the three late-stage wind assets, with a combined potential capacity of […]