Tag: Ayala Group

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ACEN helps fund major Zambales solar farm expansion

Energy & Mining Context.ph Context.ph -
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 Australia secures access rights to energy zone

Corporate Context.ph Context.ph -
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 Building 60MW Solar Farm In Pangasinan, Takes Stake In SP New Energy

Energy & Mining Context.ph Context.ph -
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 starts building 300MW solar farm in Zambales

Energy & Mining Context.ph Context.ph -
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.

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EVIS, RACE incentives face delays as Bataan courts VinFast

Mobility 0
The government’s two major automotive manufacturing incentive programs are facing implementation delays, with the Electric Vehicle Incentive Strategy (EVIS) now expected to begin accepting applications in January 2027, while funding and regulatory requirements continue to hold back a parallel industry support scheme.

Philippine exports seen surpassing $100B despite trade risks

Economy 0
Philippine merchandise exports are on track to breach USD100 billion in 2026, buoyed by electronics and semiconductor shipments, although a weakening peso and unpredictable US trade policies threaten to complicate the industry’s growth prospects.

GDP, inflation cloud Philippine stocks and peso outlook

Markets 0
Philippine stocks and the peso face another testing week as investors weigh the third-quarter economic growth figures against stubborn inflation, with both developments likely to reinforce expectations of another interest rate hike before year-end.

Monde Nissin faces noodle squeeze as premium rivals gain ground

Corporate 0
For a country where instant noodles are practically a household staple, selling more of them should be a relatively straightforward business. But the recipe for growth is getting more complicated for Monde Nissin Corp.

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