June 13, 2023

NGCP seeks ERC approval for ancillary service deals

By Lenie Lectura – June 12, 2023 from Business Mirror The National Grid Corporation of the Philippines (NGCP) is asking the Energy Regulatory Commission (ERC) to provisionally approve the ancillary service procurement agreements (ASPAs) it forged with 6 power producers. […]
March 17, 2023

ACEN acquires 8 operating wind projects in Texas

BY MYRNA M. VELASCO – Mar 16, 2023 5:38 PM from Manila Bulletin Ayala-led ACEN Corporation has inked a purchase and sale agreement (PSA) with American firm GlidePath for the acquisition of the latter’s eight operating wind projects with aggregate […]
August 19, 2022

ACEN secures AU$100-M green loan for Aussie projects

By Myrna M. Velasco – August 18, 2022, 4:54 PM from Manila Bulletin Ayala-led ACEN Corporation has secured 100 million Australian dollars (roughly $69 million in US dollars) green loan from the DBS Bank of Australia to partly bankroll its […]
July 16, 2022

ACEN advances P1.14-B financing for 200MW Cagayan solar project

By Myrna M. Velasco – July 15, 2022, 6:09 PM from Manila Bulletin With a greenlight from its board of directors, Ayala-led ACEN Corporation has agreed to advance P1.139 billion loan to its partner firm Natures Renewable Energy Development Corporation […]