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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......»»

Category: financeSource:  philstarRelated NewsMar 14th, 2024

ALI merging 34 subsidiaries for operational synergies

Property giant Ayala Land Inc. is merging almost three dozen subsidiaries to simplify ownership structure......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

ACEN inks power purchase deal with Australian firm

A subsidiary of Ayala-led ACEN Corp. and SmartestEnergy Australia have signed an eight-year power purchase agreement to offtake renewable electricity generated from its solar project......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

ACEN, BrightNight to develop 1 GW of renewables in Philippines

ACEN, BrightNight to develop 1 GW of renewables in Philippines.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

BPI strengthens partnership with ACEN to promote renewable energy

BPI strengthens partnership with ACEN to promote renewable energy.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Waterfront Airport brings back Mamen with Cebuano cravings at the Kadaugan Food Festival

Filipino cuisine, a pioneer in fusion dining, blends ancestral cooking techniques with influences from Chinese, Portuguese, Spaniards, Mexicans, and neighboring Muslim cultures. Waterfront Airport Hotel and Casino’s Executive Chef June Fernandez elevates traditional recipes by infusing them with innovative twists, celebrating the rich tapestry of culinary heritage. A gastronomic journey of Mami + Ramen with.....»»

Category: newsSource:  inquirerRelated NewsApr 19th, 2024

AUB profit hits record high in 2023

Rebisco-led Asia United Bank and its subsidiaries boosted earnings by 32 percent to a record high of P8.3 billion in 2023, from P6.3 billion in 2022......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Quest Hotel and Conference Center Cebu highlights sustainability for its guests and the future

With a sustainability initiative dubbed as “Today and Beyond”, Quest Hotel together with its subsidiaries under its management company, Chroma Hospitality Inc., aims to protect the environment to secure a better future for its guests, properties, and communities around them.  Sustainability Efforts General Manager, Mia Singson-Leon explained that they no longer have plastic straws, stirrers,.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

Bloomberry ends dispute with GGAM

Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have ended their decade-long dispute with casino management firm Global Gaming Philippines LLC, reaching a universal settlement which includes a $300 million special block sale......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Bloombery ends dispute with GGAM

Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have ended their decade-long dispute with casino management firm Global Gaming Philippines LLC, reaching a universal settlement which includes a $300 million special block sale......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

AREIT completes P1.2-B cash acquisition of 153-room Seda Lio resort hotel

AREIT announced that it completed the acquisition of the 153-room Seda Lio resort-hotel in El Nido from subsidiaries of its sponsor, Ayala Land......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024