Tag: ACEN

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Yindjibarndi Energy renewable venture starts construction

Energy & Mining Context.ph Context.ph -
Yindjibarndi Energy Corp., a partnership between the Yindjibarndi Aboriginal Corp. and Philippine-listed renewable energy firm ACEN Corp., will begin construction of the Jinbi Solar Project in Western Australia’s Pilbara region after reaching Financial Close and securing a 30-year power purchase agreement with Rio Tinto.

ACEN deepens wind project funding support

Energy & Mining Context.ph Context.ph -
ACEN Corp. has extended further financial backing for its flagship wind development in Quezon, underscoring continued capital support for one of its largest renewable energy projects in the Philippines.

ACEN funds battery project with internal loan

Energy & Mining Context.ph Context.ph -
ACEN Corp., the renewable energy arm of the Ayala Group, has extended a short-term loan of up to P850 million to its wholly owned subsidiary, Palauig Solar 1 Inc., to support the rollout of a battery energy storage project in Zambales.

Ilocos Norte, ACEN roll out solar access program

Energy & Mining Context.ph Context.ph -
The Provincial Government of Ilocos Norte has launched a first-of-its-kind campaign to bring rooftop solar to households, partnering with ACEN and GCash to make clean energy more accessible and affordable.

Ayala sharpens cash focus amid global headwinds 

Corporate Context.ph Context.ph -
Jaime Augusto Zobel de Ayala, chairman of the diversified Ayala Corp., said the group is prioritizing resilience and disciplined capital deployment as global volatility and softening demand reshape operating conditions.
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Negros Power compliant with allowable system losses cap, ERC clarifies

Energy & Mining 0
The Energy Regulatory Commission (ERC) on Monday (24 August 2026) clarified that Negros Electric and Power Corp. (NEPC) was operating well within its allowable system losses cap after being wrongly identified as noncompliant with the cap for private distribution utilities (DUs).

Agri damage from enhanced habagat, 3 cyclones hits P1.91B

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Agriculture sector damage from the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay and Neneng has risen to P1.91 billion, per the Department of Agriculture (DA) 12 noon advisory. This is up from the P1.79 billion reported August 22.

A Brown expands water business with subsidiary 

Corporate 0
A Brown Co. Inc. is expanding its water business after securing authority to subscribe to an additional 20 million common shares in its subsidiary, AB Bulk Water Company Inc., as the group prepares to consolidate its water assets and pursue new projects.

SEC advances to next reform phase to ease startups, boost capital market access and liquidity

Corporate 0
The Securities and Exchange Commission (SEC) on Monday unveiled the next phase of its reform agenda, introducing targeted measures to cut red tape, speed up business formation, lower costs, and strengthen liquidity and competitiveness across the Philippine capital market. The announcement comes as SEC chairman Francis E. Lim marks his first year in office.

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