Tag: ACEN
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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.
Ayala pushes growth, spending, earnings skyward
Capital discipline and strategic investments drove Ayala Corp.’s performance last year, with the listed conglomerate spending P92.9 billion on expansions across residential, leasing, hospitality, and estate development. The outlay underscores the group’s confidence in long-term growth even amid market volatility.
