Tag: ACEN

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ACEN deepens wind project funding support

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

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

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 

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.

ACEN secures India wind project financing boost

ACEN Corp., the listed green energy arm of the Ayala Group, has secured a project finance term loan worth INR7.517 billion to fund the development of its Bijapur Wind project in Karnataka, India, marking another step in its regional expansion.

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Security Bank Group wins 9 sustainable infrastructure finance awards 

Security Bank Corporation and its investment banking arm Security Bank Capital secured nine honors at The Asset Triple A Sustainable Infrastructure Finance Awards 2026. The awards recognize their work funding key Philippine projects across clean energy, water, and transport. The group took top prizes including Asia-Pacific Deal of the Year and Project Finance Deal of the Year for the historic PHP150 billion Terra Solar loan, which backs what is set to be the world’s largest integrated solar and battery facility. They also earned awards for hydro power schemes, Southeast Asia’s first water sector green equity IPO for Maynilad, and a major bond issuance for Metro Pacific Tollways. Officials said the wins reflect their commitment to building critical infrastructure and advancing the country’s renewable energy shift.

SM Prime opens first China hotel in Xiamen

SM Prime Holdings Inc. has expanded its business in Xiamen, China, launching its first hotel in the country last month. The 325-room Voco Xiamen SM City connects directly to SM Xiamen, the group’s first property in China opened 25 years ago. Worth about 450 million yuan or P4 billion, it sits near a metro station and is close to Xiamen’s airport and railway station. SM Prime president Jeffrey C. Lim said the project turns the complex into a full lifestyle destination, taking advantage of China’s growing tourism market and new government support policies. Xiamen is also the hometown of SM group founder Henry Sy Sr.

URC earns top honors from leading Hong Kong retailers PARKnSHOP and 7-Eleven

Universal Robina Corporation has secured key recognitions from two of Hong Kong’s biggest retail chains, PARKnSHOP and 7-Eleven, marking a major step forward in the company’s international expansion and localization efforts.

Philippines, US eye year-end Pax Silica investment pact

The Philippines and the US are racing to seal a framework agreement for the proposed Pax Silica technology hub in New Clark City before year-end, a move that could unlock one of Southeast Asia's biggest platforms for artificial intelligence, semiconductor, and advanced manufacturing investments.

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