Tag: Ayala Group

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ACEN helps fund major Zambales solar farm expansion

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

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

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

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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Analysts: GCash IPO mid-price not a warning sign; valuation attractive 

Setting the initial public offering price of Mynt Inc., the operator of GCash, at P6.60 per share—near the lower end of its indicative range—does not signal trouble, according to market watchers. The figure lands close to the mid-point of the original P10-per-share indicative price band.

BCDA deepens Japan ties across Luzon economic hubs

The Bases Conversion and Development Authority (BCDA) Group has secured three agreements with Japanese companies to explore infrastructure-resilience and energy-efficiency projects at major economic hubs in Luzon, as the Philippines seeks to deepen Japanese investment beyond individual facilities.

GSIS reaffirms full support for pensioners with better benefits, easier access

As the nation marks Filipino Elderly Week (Oct 1–7), the Government Service Insurance System (GSIS) reaffirms stronger commitment to its more than 600,000 pensioners and retirees—rolling out improved benefits, fairer rules, and simpler, fully digital services to boost financial security and ease of use.

Cebuana Lhuillier expands self-service machines nationwide

Cebuana Lhuillier is expanding its technology-enabled services with the rollout of Cash Accepting Machines (CAMS) across its nationwide branch network, giving customers another option for routine financial transactions while retaining access to in-person assistance.

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