ACEN, the listed renewable energy arm of the Ayala Group and one of the fastest-growing renewable energy platforms in Asia-Pacific, has extended up to P4 billion in short-term financing to wholly owned subsidiary Sanmar Solar Inc. to support the expansion of a large-scale solar facility in Zambales.
ACEN Corp., the green energy arm of the Ayala Group, said its wholly-owned unit, ACEN Australia, has secured access rights to the Central West-Orana Renewable Energy Zone (CWO REZ) for projects in New South Wales, which includes power generation from solar and wind energy.
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 Department of Energy has confirmed the national government is open to selling the mothballed Bataan Nuclear Power Plant, also referred to as the Philippine Nuclear Power Plant, to private investors, after a South Korean feasibility study found promise in reviving the long‑idle facility.
When an unexpected loss strikes, grieving families are often forced to make quick financial and logistical choices amid emotional distress—with only days to lock in funeral arrangements, coordinate with relatives, and gather funds for related costs. Pre‑planning, pre‑need provider PhilPlans says, is key to reducing this heavy burden for consumers, while also helping service providers deliver smoother, more predictable support during difficult periods.
BDO Unibank, Inc. reported a nine‑month 2026 net income of ₱63.6 billion, slightly higher than the ₱63.1 billion recorded in the same period of 2025, with a 13.1 percent return on equity reflecting the bank’s solid core business performance.
China Bank Savings (CBS) is expanding its home financing business through partnerships with three property developers, targeting growing residential markets in CALABARZON and Central Visayas as it seeks to widen access to homeownership.