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Monday, 25 August 2025, 2:17 pm

    Tag: ACEN

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    ACEN unit powers Mapúa Malayan full renewable shift

    Social Responsibility & Sustainability Context.ph Context.ph -
    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 joins Denmark’s CIP in offshore wind power venture

    Energy Context.ph Context.ph -
    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...

    Telecom, energy units weigh down Ayala 1Q earnings

    Corporate Context.ph Context.ph -
    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 profit drops 28% on lower generation, weaker market prices

    Corporate Context.ph Context.ph -
    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.

    ACEN secures P34.41B Loan for Quezon-Laguna wind farm

    Energy Context.ph Context.ph -
    ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.
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    BSP rate cut likely as inflation stays in check 

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    The Bangko Sentral ng Pilipinas (BSP) is widely expected to deliver its third interest rate cut of 2025 later this week, trimming the benchmark rate by 25 basis points to 5 percent. Analysts cite a stable peso, subdued inflation of below one percent, and the need to support domestic demand in a sluggish global environment as key drivers of the anticipated move.

    CSC secures first mining infra contract

    Corporate Bulletins 0
    Concrete Stone Corp. (CSC), a key player in the precast concrete industry, has signed a P22 million contract with Dinapigue Mining Corp. (DMC), a subsidiary of Nickel Asia Corp. (NAC), to supply 750 concrete tetrapods for a port facility at NAC’s nickel mine in Isabela.

    Alex Eala secures first Grand Slam win at US Open

    Sports & Entertainment 0
    From the first strike of the ball, Alex Eala...

    DICT to lead drafting of IRR for Universal Internet Access Law

    Transport & Communications 0
    The Department of Information and Communications Technology (DICT) announced on Sunday that it will spearhead the drafting of the implementing rules and regulations (IRR) for the newly enacted Konektadong Pinoy Act, a landmark law aimed at delivering universal, reliable, and affordable internet access to all Filipinos.

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    BSP rate cut likely as inflation stays in check 

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    The Bangko Sentral ng Pilipinas (BSP) is widely expected to deliver its third interest rate cut of 2025 later this week, trimming the benchmark rate by 25 basis points to 5 percent. Analysts cite a stable peso, subdued inflation of below one percent, and the need to support domestic demand in a sluggish global environment as key drivers of the anticipated move.
    Corporate Bulletins

    CSC secures first mining infra contract

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    Concrete Stone Corp. (CSC), a key player in the precast concrete industry, has signed a P22 million contract with Dinapigue Mining Corp. (DMC), a subsidiary of Nickel Asia Corp. (NAC), to supply 750 concrete tetrapods for a port facility at NAC’s nickel mine in Isabela.
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