ACEN to issue Php30B bonds to fund RE projects
- July 7, 2022
Ayala-led ACEN is set to issue Php30 billion in debt securities to help finance three of its renewable energy projects. In a disclosure to the Philippine Stock Exchange (PSE), ACEN said it
Ayala-led ACEN is set to issue Php30 billion in debt securities to help finance three of its renewable energy projects. In a disclosure to the Philippine Stock Exchange (PSE), ACEN said it
Ayala-led ACEN power plants have been awarded Integrated Management System (IMS) certifications from the DQS Certifications Philippines, Inc. The certified power plants include the 52 megawatt (MW) Northwind Power wind farm in
Ayala-led ACEN has renewed its power supply agreement (PSA) with Polyfoam-RGC International Corporation, the manufacturer of Uratex’s mattresses and foam products. This new PSA marks the manufacturer’s first foray into renewable energy
Ayala-led ACEN and exploration subsidiary ACE Enexor (ENEX) have canceled its property-for-share swap agreement involving diesel and other assets due to “unfavorable market conditions.” Both firms’ boards of directors approved the deed
Ayala-led ACEN has expanded its partnership with San Francisco-based renewable energy (RE) firm Power Factors to manage its solar and wind capacities, as well as its energy and storage technology projects. Power
Ayala-led ACEN, through ACEN Australia, said it has begun constructing its 50-megawatt (MW) battery energy storage system (BESS) in its solar farm in Uralla, New South Wales state – a roughly five-hour
Ayala-led ACEN announced that it has partnered with Jakarta-based Puri Usaha Group to develop large-scale solar power plants, battery energy storage systems, and green hydrogen projects in Indonesia. The joint venture (JV),
Ayala-led ACEN said it posted a consolidated net income of Php405 million for the first quarter of 2022, 68% lower than the Php1.27 billion recorded in the same period last year. The
The country has enough supply to power through the elections on May 9, with or without unplanned outages from power plants, based on data from the Independent Electricity Market Operator of the
ACEN is looking to enter the renewable energy (RE) market in the United States by acquiring existing wind power projects on the other side of the world. This comes as Ayala’s power