ACEN Corp., the Ayala group’s listed energy platform, is expanding its renewable footprint in North Luzon with the 133-megaWatt Cagayan North Solar project in Lal-lo, Cagayan.
Mapúa Malayan Colleges Laguna (Mapúa MCL) has fully shifted its entire Cabuyao, Laguna campus to renewable energy through a partnership with ACEN Renewable Energy Solutions (ACEN RES), reinforcing its commitment to sustainability and climate action.
ACEN Corp., the Ayala Group’s listed energy platform, has signed definitive agreements to acquire a 25 percent minority stake in the planned 1-gigawatt offshore wind project in Camarines...
Ayala Corp., the diversified holding company of the Ayala Group, reported a 3.7 percent decline in net income to P12.6 billion in the first quarter, weighed down by one-off items and weaker contributions from its telecom and energy units.
ACEN Corp. reported a 28 percent year-on-year decline in its first-quarter consolidated net income attributable to equity holders, falling to ₱1.95 billion from ₱2.72 billion in the same period of 2024. The slump was driven by lower generation output and declining prices in the Philippine Wholesale Electricity Spot Market (WESM), the company said Thursday.
Southeast Asia’s leading digital finance platform Atome and the country's top digital bank Maya Bank have signed a ₱2.75 billion (approx. US$48 million) loan channeling agreement aimed at expanding access to credit for millions of underserved Filipinos.
Megaworld Corp., the listed property development business of billionaire Andrew Tan, said it has sold 168.6 million ommon shares of its sponsored retail estate and investment trust, MREIT Inc., in a block sale transaction that raised around P2.24 billion before fees and taxes.
Del Monte Pacific Limited has disclosed that its independent auditor, Ernst & Young LLP, issued a disclaimer of opinion on its consolidated financial statements for the fiscal year ending April 30, 2025, citing insufficient audit evidence related to its U.S. subsidiary.
Agriculture Secretary Francisco Tiu Laurel Jr. has ordered a full audit of all farm-to-market road (FMR) projects from 2021 to 2025, echoing President Marcos’ call for accountability amid flood control project controversies.