July 26, 2024

ACEN grants loan guarantee to subsidiary

By Lenie Lectura – July 26, 2024 from Business Mirror ACEN Corp. has signed a P1.92-billion loan agreement with its subsidiary Santa Cruz Solar Energy Inc. to fund the latter’s capital expenditure (capex) for its solar power project in Zambales. […]
July 19, 2024

Meralco CSP attracts 3 bidders

By Lorenz S. Marasigan – July 19, 2024 from Business Mirror The Manila Electric Co. (Meralco) said on Thursday it has successfully secured bids for 500 megawatts (MW) of renewable energy supply through a competitive selection process (CSP). The bid […]
June 19, 2024

Meralco seeks offers for 400-MW mid-merit supply for 15-year period

By Alena Mae S. Flores – June 18, 2024, 8:05 pm from manilastandard.net Power retailer Manila Electric Co. is seeking offers from power generators to supply 400 megawatts of mid-merit capacity for 15 years starting Aug. 26, 2025. A mid-merit […]
April 1, 2023

ACEN pays out P2 billion for interest in Zambales solar project

By Alena Mae S. Flores – March 30, 2023, 7:30 pm from manilastandard.net ACEN Corp. of the Ayala Group said Thursday it paid out P2 billion of the total P4.99 billion for the subscription of a 26.1-percent interest in Santa […]