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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Aznar Shipping takes family legacy public for expansion

Aznar Shipping Corp. is taking its third-generation business to the stock market to raise capital for fleet expansion while strengthening its corporate governance for long-term growth.

Child rights group backs safety bill, flags flaws

The Child Rights Network (CRN) has welcomed the latest House of Representatives version of the Children’s Social Media and Online Gaming Safety Bill, praising lawmakers for prioritizing platform accountability over a blanket social media ban.

MAP calls zero EDSA Busway budget inexplicable

The Management Association of the Philippines (MAP) has called the proposed zero budget for the EDSA Busway “inexplicable,” warning that underfunding one of Metro Manila’s busiest mass transit systems could worsen congestion and raise costs for commuters and businesses.

Top Line names Jane Gocuan chief investment officer

Top Line Business Development Corp. has appointed veteran banking executive Jane K. Gocuan as chief investment officer, effective September 18, as the company expands its focus on investment-related activities and business development.

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