Thursday, 17 July 2025, 2:23 pm

    Tag: ACEN

    Browse our exclusive articles!

    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.

    Popular

    Bright Kindle unit secures SEC nod for capital hike, acquisition

    Bright Kindle Resources & Investments Inc. (BKR), a listed investment holding company, said it secured Securities and Exchange Commission (SEC) approval for two key corporate developments involving its subsidiary, Brightstar Holdings & Development Inc. (BHDI). 

    TP750-M shabu seizure sparks tighter customs oversight

    The Bureau of Customs (BOC) has intercepted P749.63 million worth of methamphetamine hydrochloride, or shabu, at the Manila International Container Port (MICP), a major anti-smuggling breakthrough that may have broader implications for fiscal enforcement and trade monitoring. Acting on credible intelligence, the BOC flagged a 40-foot container falsely declared as balikbayan boxes. Upon inspection, authorities discovered over 110 kilograms of shabu hidden in four boxes.

    GSIS, Dragonpay seal deal expand digital payment access for members

    The Government Service Insurance System (GSIS) has partnered with leading digital payment solutions provider Dragonpay to expand electronic payment options for its members and pensioners, formalized through a memorandum of agreement (MOA) signed on Wednesday.

    8990 Holdings files for voluntary delisting, cites market undervaluation

    Mass housing developer 8990 Holdings Inc. has filed for voluntary delisting from the Philippine Stock Exchange (PSE), citing the market’s failure to fully reflect the company’s intrinsic value. This marks the second delisting on the PSE this year, following Keppel Philippines Holdings Inc.

    Subscribe

    spot_imgspot_img