ACEN guarantees subsidiary's P1.4 billion loan
ACEN Corp., the listed energy platform of the Ayala Group, has issued a corporate guarantee in support of the P1.4 billion loan of its subsidiary San Carlos Solar Energy Inc.
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ACEN Corp., the listed energy platform of the Ayala Group, has issued a corporate guarantee in support of the P1.4 billion loan of its subsidiary San Carlos Solar Energy Inc.
THE Ayala Group’s renewable energy (RE) arm ACEN Corp. is injecting some P12.87 billion in six different subsidiaries to fund power projects across the Philippines. In separate disclosures to the stock exchange, ACEN said it has acquired additional redeemable preferred and common shares in Giga Ace 6 Inc., Giga Ace…
Areit Inc., the real estate investment trust (REIT) of Ayala Corp., on Thursday said it will make its largest acquisition of prime commercial properties next year. The company said it intends to acquire offices, shopping malls, and resorts from its sponsor, Ayala Land Inc. (ALI), worth some P23 billion. Areit…
AYALA Corp.'s real estate investment trust AREIT Inc. said Friday it would be acquiring 276 hectares of industrial land in Zambales from an ACEN Corp. subsidiary, Buendia Christiana Holdings Corp. (BCHC), via a property-for-share swap.
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