Tag: ACEN

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Ayala firms pair clean power with EVS

Energy & Mining Context.ph Context.ph -
Two Ayala-led companies are betting that the future of transportation is not just electric—but renewable-powered as well.

ACEN profit rises on output recovery, one-off gains

Energy & Mining Context.ph Context.ph -
ACEN Corp., the renewable energy arm of Ayala Group, posted consolidated net income of P2.9 billion for the first quarter of 2026, up 50 percent year-on-year, driven by higher renewable generation, improving international operations, and a series of non-recurring gains.

ACEN helps fund major Zambales solar farm expansion

Energy & Mining Context.ph Context.ph -
ACEN, the listed renewable energy arm of the Ayala Group and one of the fastest-growing renewable energy platforms in Asia-Pacific, has extended up to P4 billion in short-term financing to wholly owned subsidiary Sanmar Solar Inc. to support the expansion of a large-scale solar facility in Zambales.

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.
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PNB delivers strong 9-month performance with 15% net income growth

Banking & Insurance 0
The Philippine National Bank (PNB) recorded a net income of ₱21.3 billion for the nine months ended September 30, 2026, marking a 15 percent increase from ₱18.5 billion during the same period last year. The performance underscores the bank’s disciplined execution, expanding core operations, and strengthening capital base as it drives long-term value creation.

Senator dela Rosa ‘armed and dangerous’, P50M bounty set

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Interior and Local Government Secretary Jonvic Remulla has declared Senator Ronald “Bato” dela Rosa an “armed and dangerous” fugitive and announced a P15-million bounty for his arrest, intensifying the government’s pursuit of the senator.

NAIA international traffic up despite global aviation disruptions

Travel & Tourism 0
International passenger traffic at Manila’s Ninoy Aquino International Airport (NAIA) rose 2.6 percent year-on-year to 19.93 million from Jan. 1 to Oct. 22, 2026, as demand held firm despite disruptions to global aviation from the Middle East conflict.

DA readies P2.9B farm competitiveness fund, initially targets 12 applicants 

Agriculture 0
The Department of Agriculture (DA) is preparing to roll out a P2.9-billion fund intended to help agricultural cooperatives expand production and improve their competitiveness, with the agency initially targeting about 12 applicants.

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