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 Philippine Health Insurance Corporation (PhilHealth) and Maxicare Group have partnered to expand access to healthcare services, improve coordination between public and private providers, and reduce out-of-pocket expenses for Filipinos.
Asia-Pacific companies are facing growing pressure to relocate supply chains as tariffs reshape global trade, while businesses worldwide are placing greater emphasis on unlocking cash tied up in operations, according to a new report by Citi Institute.
The Bank of the Philippine Islands (BPI) earned eight top awards at the Alpha Southeast Asia Awards 2026, one of the region’s most prestigious financial honors.
FedEx’s planned USD100-million expansion of its Clark Gateway Hub in Pampanga is expected to strengthen the Philippines’ air cargo network, create jobs and improve exporters’ access to international markets as the country seeks to expand its role in global trade.