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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PNB expands PERA fund options and distribution reach, boosting retirement investing for Filipinos

The Philippine National Bank (PNB), through its Trust Banking Group, has expanded its Personal Equity and Retirement Account, or PERA, product range with two new offerings: the PNB PERA Money Market Fund and the PNB PERA High Dividend Fund.

Filinvest closes in-house construction unit, shifts to third-party contractors

Filinvest Development Corp. (FDC) and Filinvest Land Inc. (FLI) are shutting down their in-house construction arm as the property group shifts to third-party contractors to support its expanding real estate operations.

Globe 9-month net profit falls 7% despite record revenues 

Higher depreciation and net interest expenses, coupled with nonrecurring gains booked in the previous year, dragged down Globe Telecom’s net income by 7 percent to P16.5 billion in the first nine months of 2026 from P17.7 billion a year earlier, offsetting gains from stronger demand for mobile data, fiber broadband, and corporate connectivity.

FedEx brings online duty, tax payments to Philippine import tool

FedEx has added online duty and tax payments to its Philippine import platform, allowing customers to settle customs charges through cards, e-wallets, and bank transfers without logging in.

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