Friday, December 26, 2025
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Tag: ACEN Corp.

ACEN infuses P1.9b to unit for solar plant

ACEN Corp. on Wednesday said it has subscribed to additional preferred shares of subsidiary Natures Renewable Dev’t Corp. (NAREDCO) valued at P1.9 billion. ACEN disclosed...

ACEN sells stakes in 3 diesel power plants

Ayala-led ACEN Corp. has sold its ownership interests in three diesel power plants to its parent company, AC Energy and Infrastructure Corp. (ACEIC), in...

ACEN unit eyes 247-MW wind farm in Quezon

GigaWind4 Inc., a subsidiary of ACEN Corp., plans to develop the 247-megawatt Banahaw Wind Power Project in Quezon province at a cost of P34.524...

ACEN postpones P30-b stock rights offering

ACEN Corp. said Monday it postponed its proposed P30-billion stock rights offering (SRO) in September due to the revised scheduling of the group’s capital...

ACEN’s net income dropped 88% to P763m in first half

ACEN Corp. said Tuesday its consolidated net income dropped 88 percent in the first half of 2025 to P763 million from a year ago,...

ACEN buys 25%stake in offshore wind developer

ACEN Corp. said Tuesday it signed a deed of absolute sale with CI NMF Philippines C.V. to acquire a 25-percent stake in CI GMF...

ACEN sells stakes in 3 diesel plants to ACEIC

ACEN story. ACEN Corp.’s executive committee approved the sale of its ownership interests in three special purpose companies, which own the company’s diesel plants,...

ACEN expects to raise P30b from stock rights offering

ACEN Corp., the power generation arm of the Ayala Group, said on Wednesday it expects to raise up to P30 billion in fresh capital...

ACEN Australia taps 11 lenders to raise Au$750m

ACEN Corp. said Tuesday its unit ACEN Australia tapped 11 international lenders to raise Au$750 million to finance its operating renewables assets and new...

ACEN unit investing P26b in Zambales solar project

ACEN Corp.’s subsidiary Giga Ace 8 Inc. is putting up a 420-megawattpeak (MWp) solar farm in Barangays Bulawen and Salaza, Palauig, Zambales with 347-MWp...

Bataan mobile library gets 50-tablet donation

Bataan First District councilor Tony Roman said his Cool Iskool Mobile Library project has received a donation of 50 tablets from ACEN Corp. The project...

ACEN cites role of transition credits for coal plants retirement

ACEN Corp., the Ayala Group’s listed energy platform, said Thursday transition credits can pave the way for the early retirement of coal plants and...

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s approval for its power supply agreements (PSA) with San Miguel Corp.’s hydro...

Meralco unit seeks exemption of 1,200-MW plant from coal ban

Meralco PowerGen Corp. (MGen), the power generating unit of Manila Electric Co., is seeking a certificate of exemption from the Department of Energy (DOE)...
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