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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DOT, HSMA offer hotel discounts of up to 70% for holidays

A hotel getaway may be easier on the holiday budget this year, with the Department of Tourism (DOT) and the Hotel Sales and Marketing Association (HSMA) Philippines offering accommodation discounts of up to 70 percent across 68 hotels and resorts nationwide.

InLife earns sixth 4-Golden Arrow governance award

Insular Life Assurance Co. Ltd. (InLife) has won its sixth 4-Golden Arrow Award, the highest recognition given by the Institute of Corporate Directors (ICD) for corporate governance performance, extending its record of recognition under the ASEAN Corporate Governance Scorecard.

PSBank secures top PhilRatings credit rating

Philippine Savings Bank (PSBank) has received the highest issuer credit rating from Philippine Rating Services Corp. (PhilRatings), reflecting its strong capitalization, sound asset quality, leading position in the thrift banking sector and backing from the Metrobank Group.

PEZA ecozone proclamations to miss 2026 goal despite record investments 

The Philippine Economic Zone Authority (PEZA) expects to miss its 2026 target for new economic zone proclamations, even as investment approvals surge past its annual goal and threaten to eclipse the agency’s 2012 record.

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