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.
Green GSM plans to purchase about 7,000 VinFast vehicles this year as the ride-hailing operator expands its Philippine fleet and depot network, betting that lower fares can help it compete with established mobility providers.
Aboitiz InfraCapital expects passenger traffic across its three-airport portfolio to exceed last year’s 16.7 million travelers, although prolonged conflict in the Middle East and softer demand in some markets have tempered its growth outlook for 2026.
Manulife Investments Philippines said five of its peso-denominated unit investment trust funds (UITFs) ranked first or among the top performers in their respective categories in the first nine months of 2026, with its semiconductor-focused equity feeder fund posting a 100.74 percent return.
The Philippine Carabao Center-National Institute for Animal Sciences is moving forward with the second phase of its heat-tolerant carabao development project, funded by the Department of Agriculture Biotechnology Program, as the country braces for a strong El Niño expected to worsen by late 2026. The initiative builds on the existing Genetic Improvement Program, now adding thermotolerance as a key trait in selecting breeding stock to identify males and females that can pass on heat-resilient characteristics to their offspring.