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.
Mactan Cebu International Airport (MCIA) has partnered with online travel platform Trip.com to boost Cebu’s standing as a key travel hub, bringing more flight choices, easier booking and exclusive discounts to domestic and international commuters.
International Container Terminal Services Inc.’s Mexican unit has secured authorization to handle deeper-draft vessels, giving its terminal at the Port of Manzanillo an edge in accommodating the world’s largest container ships.
A consortium led by Maynilad Water Services Inc. and Korea Water Resources Corp. (K-Water) has secured original proponent status for a proposed P14.8-billion water supply and wastewater management project in New Clark City, moving the long-term utility project into the next stage of the public-private partnership process.
Department of Environment and Natural Resources Secretary Juan Miguel “Mitch” T. Cuna called on all local government units to follow Bayawan City’s example, proving proper landfill design and solid waste management are fully achievable under Republic Act 9003.