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ACEN issues corporate guarantee on subsidiary’s loans
ACEN Corp., the listed energy platform of the Ayala Group, has issued corporate guarantee in support of loans amounting to $320 million of subsidiary ACEN Cayman......»»
Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles
The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»
ACEN secures certification for WESM trading standards
ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System – the first among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»
ACEN, Marubeni partner for 200-MW BESS project
Ayala-owned ACEN Australia has teamed up with Marubeni Asian Power Singapore for the joint development of a 200 megawatts battery energy storage system in New South Wales, Australia......»»
ACEN expands presence in US
ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»
ACEN expands US presence
ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»
Transport strike, trapik lang dinulot – DOTr
Sinabi ng Department of Transportation (DOTr) na bigo ang grupong Manibela at PISTON na maharang ang PUV Modernization Program sa kanilang transport strike pero nagtagumpay sila sa paglikha ng matinding trapik sa Quezon City at Maynila. The post Transport strike, trapik lang dinulot – DOTr first appeared on Abante......»»
US Launches Follow-Up Strike on Houthi Radar Site
WASHINGTON - The United States launched a follow-up strike against a Houthi target in Yemen early Saturday, after officials said they were not satisfied with the damage inflicted during the initial round of airstrikes late Thursday.U.S. Central Command said it launched the additional strike from the USS Carney, a guided missile destroyer, firing multiple Tomahawk Land Attack Missiles to take out a radar site tha.....»»
US Strikes Another Houthi Site in Yemen
The U.S. military carried out an additional strike early Saturday against Houthi positions in Yemen in an effort to protect shipping in the Red Sea, according to U.S. media reports.News organizations citing anonymous sources said the latest strike targeted a radar site that officials said presented a continuing threat to maritime traffic.The strike came a little more than a day after the U.S. and British.....»»
US Launches Follow-Up Strike on Houthi Radar Site
WASHINGTON - The United States launched a follow-up strike against a Houthi target in Yemen early Saturday, after officials said they were not satisfied with the damage inflicted during the initial round of airstrikes late Thursday.U.S. Central Command said it launched the additional strike from the USS Carney, a guided missile destroyer, firing multiple Tomahawk Land Attack Missiles to take out a radar site tha.....»»
US Strikes Another Houthi Site in Yemen
The U.S. military carried out an additional strike early Saturday against Houthi positions in Yemen in an effort to protect shipping in the Red Sea, according to U.S. media reports.News organizations citing anonymous sources said the latest strike targeted a radar site that officials said presented a continuing threat to maritime traffic.The strike came a little more than a day after the U.S. and British.....»»
PLDT taps ACEN for renewable shift
Telco leader PLDT Inc. is doubling down on efforts to mitigate its carbon emissions, tapping the help of ACEN Corp. in switching dozens of facilities to renewable energy......»»
ACEN gets higher rating for climate change report
Ayala-owned ACEN Corp. has secured a “B” rating from environmental non-profit disclosure system CDP for its climate change disclosure, moving two levels up from last year’s rating......»»
ACEN FY23 profit: P7.4-B (down 43%)
ACEN, the Zobel Family’s renewable energy holding company, posted an FY23 net income of P7.4 billion, which was 43% lower than the P8.6 billion it made in FY22......»»
ACEN, BrightNight to develop 1 GW of renewables in Philippines
ACEN, BrightNight to develop 1 GW of renewables in Philippines.....»»
ACEN, BrightNight partner anew for renewable energy
ACEN, the Ayala Group’s listed energy company, has partnered with US-based BrightNight for the development, construction and operation of an initial one gigawatt renewable energy portfolio in the Philippines......»»
BPI strengthens partnership with ACEN to promote renewable energy
BPI strengthens partnership with ACEN to promote renewable energy.....»»
ACEN gets support from Australian indigenous group
Ayala-led power unit ACEN Corp. has joined forces with Australia’s First Nations Yindjibarndi people to develop renewable energy projects on Yindjibarndi Ngurra, located approximately 13,000 square kilometers within Yindjibarndi’s exclusive native title land in Western Australia......»»
Kumong Bol-Anon 14: Korean, Indon boxers arrive in Bohol
CEBU CITY, Philippines— The foreign fighters of ‘Kumong Bol-anon 14’ have arrived in Tagbilaran City, Bohol on Wednesday, March 6. The invaders will challenge homegrown heroes in the fight card scheduled on Friday, March 8 at the Saulog gymnasium in Tagbilaran City, Bohol. Korean boxing prospect Tae Sun Kim and Hamson Lamandau of Indonesia arrived.....»»
Lapu-Lapu City signs agreement with private firm for socialized housing project
LAPU-LAPU CITY, Cebu —The Lapu-Lapu City Government has entered into an agreement with a private firm for a socialized housing project in Barangay Calawisan that is scheduled to be realized this year. On Thursday, April 4, Mayor Junard “Ahong” Chan and Johndorf Ventures Corporation President/CEO Richard Lim formally signed a Deed of Donation for the.....»»