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ACEN income jumps 94% in 1H | Power Philippines

ACEN Corporation, the energy arm of the Ayala group, recorded a significant 94% increase in its consolidated net income in this year’s first semester, amounting..

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Philippines to shift to renewable energy, Marcos Jr. says

Philippines to shift to renewable energy, Marcos Jr. says
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President Marcos inaugurates 160-MW wind farm in Ilocos Norte

President Marcos inaugurated yesterday the 160-megawatt Pagudpud Wind Farm in his home province of Ilocos Norte as the government continues to look for additional sources of renewable energy.

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Siemens Gamesa will supply 70 MW of wind power to the Philippines

Siemens Gamesa has secured a new deal with ACEN to supply 14 units of the SG 5.0-145 turbines in the Philippines following the country’s first round of renewable energy auctions.

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HSBC backs funding for ACEN’s wind farm in Ilocos Norte

The Philippine arm of British banking giant HSBC is strongly supporting the multi-billion peso wind mill project of Ayala-led ACEN Corp. (formerly AC Energy Corp.) in Pagudpud, Ilocos Norte.

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HSBC issues credit line for ACEN's wind farm

THE Hongkong and Shanghai Banking Corp. Ltd.-Philippine Branch (HSBC Philippines) has issued its first sustainable commercial Letter of Credit (LC) to support the completion of AC Energy Corp.’s (ACEN) 160-megawatt (MW) Pagudpud Wind Farm. Melina C. Concha, head of HSBC Philippines’s Wholesale Banking, said the company has always been on…

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