ACEN Corp., the renewable energy arm of the Ayala group, reported net income in 2024 surging 27 percent to P9.36 billion, fueled by higher generation from new renewable energy plants, a strategic expansion program, and a 25 percent increase in attributable renewable output, totaling 5,596 GWh.
ACEN, the renewable energy arm of the Ayala Group, said Thursday that its subsidiary, ACEN Renewables International, has completed the acquisition of the Australia development platform, UPC Renewables Asia Pacific Holdings.
ACEN, the listed energy company of the Ayala Group, will soon begin building the 60-megaWatt Pangasinan Solar farm, the listed power firm’s first development in the province and the second solar farm to start a major construction this year.
ACEN, the listed energy platform of the Ayala Group, will increase its power generation capacity with the development of a new 300-megawatt solar farm, called Palauig 2 Solar, in Zambales at a cost of P16 billion.
The Philippines has secured first place among 57 countries in the Institute of International Finance’s 2026 Investor Relations and Debt Transparency Report, marking a return to the top spot after ranking second in 2025 and leading the list in 2024. This recognition highlights the country’s consistent dedication to transparency, accountability, and the timely release of critical economic and financial information.
ATRAM Trust Corp. is taking the government's voluntary retirement savings program beyond Philippine shores, launching the country's first globally invested Personal Equity and Retirement Account (PERA) funds in a move that broadens investment choices for Filipinos preparing for retirement.
The Metropolitan Bank & Trust Company (Metrobank) has released the third episode of its Moneygurado docuseries, titled "The Price of Hiya: Why Filipinos Fear Talking About Money." The latest episode dives into how the deeply rooted cultural value of hiya (shame or honor) influences the way Filipinos discuss, manage, and think about their personal finances.
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.