ACEN income jumps to Php13.1B in 2022
- March 10, 2023
Ayala-led ACEN Corporation has recorded a Php 13.1 billion net income in 2022, a massive jump from the Php 5.3 billion profit made in the previous year. “This included ₱8.6 billion of
Ayala-led ACEN Corporation has recorded a Php 13.1 billion net income in 2022, a massive jump from the Php 5.3 billion profit made in the previous year. “This included ₱8.6 billion of
The Department of Energy (DOE) will include hydrogen and ammonia as technological innovations in the propounded Philippine Energy Plan that will be extended to 2050. In a report by the Manila Bulletin,
Ayala-led ACEN has begun constructing its 300 MW Palauig 2 solar farm in Zambales to expand its renewable energy portfolio in the country. The area where the plant is built is known
Ayala-led ACEN Corp. will begin the construction of its 60-megawatt (MW) Pangasinan Solar, the company’s first in the province, bringing its renewable portfolio in the country to 1,600 MW. The Php 2.8
Ayala-led ACEN Corporation, through its subsidiary ACEN Australia has been selected to receive feasibility funding for its 800-megawatt (MW) Phoenix Pumped Hydro Project, a renewable energy storage facility, in New South Wales
Ayala-led ACEN Corporation and Vietnamese venture partner BIM Group have secured $107 million in funding from the Asian Development Bank (ADB) and other lenders for the 88-megawatt (MW) Ninh Thuan wind farm
Ayala-led ACEN Corporation has registered a Php 1.9 billion consolidated net income for the third quarter of the year, a 23% jump from the same period last year as the company’s international
Ayala-led ACEN Corporation is set to open new credit lines with BDO Unibank, Maybank Philippines Inc., Asia United Bank Corp. (AUB), and CTBC Bank. In a disclosure to the Philippine Stock Exchange
ACEN Corporation has secured a facility agreement with subsidiary ACEN Australia Pty. Ltd. and MUFG Bank Ltd. in Sydney for AUD 140 million green term loan facility. ACEN serves as the guarantor
Should regulators decide to amend the power supply agreements (PSA) between Manila Electric Co. (MERALCO) and the power units of San Miguel Corporation, ACEN Corporation said that its PSAs with the distribution