Tag: ACEN

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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.

ACEN profit slides as renewable output surges

ACEN Corp., the renewable energy arm of the Ayala Group, reported a sharp drop in net income for 2025 as weaker power prices, weather disruptions, and asset impairments weighed on earnings despite strong growth in renewable energy output.

ACEN swaps debt for ENEX equity

ACEN Corp. is tightening its grip on subsidiary ENEX Energy Corp., converting P75 million worth of receivables into equity in the listed oil and gas explorer.

ACEN lands TIME’s elite list

ACEN has secured a coveted spot in TIME and Statista’s Asia-Pacific’s Best Companies 2026, joining 500 top-performing firms recognized for shaping the region’s business landscape.

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APECO secures P177M to study proposed Aurora international port

The Aurora Pacific Economic Zone and Freeport Authority (APECO) has secured P177 million in government assistance to prepare a feasibility study for a proposed international seaport in Casiguran, a project envisioned to turn Aurora into a gateway for manufacturing, logistics and Pacific trade.

BCDA targets P165B in new partnerships over three months

The Bases Conversion and Development Authority (BCDA) is targeting about P165 billion in additional investment partnerships within three months, expanding its development pipeline in agriculture, energy and aviation while seeking to turn rising private-sector interest into sustained government revenues and jobs.

Over 9M Philippine credentials compromised in Q3 2026: Cyber threats escalate sharply 

Cyber threats across the Philippines have intensified significantly this year, with more than 9 million user credentials compromised in the third quarter alone, according to the latest Cyber Threat Landscape Report from Viettel Cyber Security (VCS). The figure marks more than double the 4.3 million recorded in the same period last year, bringing the year-to-date total to over 28.3 million—nearly three times the full-year count for 2025.

GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

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