Sunday, 03 August 2025, 6:12 am

    Tag: ACEN

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    ACEN unit powers Mapúa Malayan full renewable shift

    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

    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

    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

    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

    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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    Belle Mariano champions BDO Pay as card-linked payment solution for modern lifestyles

    Actress and singer Belle Mariano puts a spotlight on the ease and convenience of BDO Pay, the branded payment app powered by BDO, as she shares how it seamlessly fits into her busy, on-the-go lifestyle—even during downtime with family.

    US jobs growth slows sharply amid tariff uncertainty

    The US economy added significantly fewer jobs than expected in July, highlighting growing business uncertainty amid President Donald Trump's sweeping review of bilateral trade tariffs—an initiative that has triggered retaliatory measures even from longtime American allies.

    PBB increases 1H net profit on double-digit interest income growth

    Philippine Business Bank, a local savings bank, reported strong performance in the first half of 2025, with interest income and interest margin improving.

    DA eyes distribution of seized mackerel for flood victims

    Agriculture Secretary Francisco P. Tiu Laurel Jr. proposes the distribution of 210 metric tons of smuggled frozen mackerel recently seized at the ports of Manila and Subic once approved by President Ferdinand Marcos Jr.

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