Former Senate Committee on Energy Chair Sen. Sherwin Gatchalian is set to file a bill that would allow energy experts from the private sector to work in the government, especially in the...
Ayala-led ACEN and exploration subsidiary ACE Enexor (ENEX) have canceled its property-for-share swap agreement involving diesel and other assets due to “unfavorable market conditions.” Both firms’ boards of directors approved the deed...
The board of Ayala-led ACE Enexor has approved the conduct of a follow-on offering (FOO), wherein 74 million shares would be issued. In a disclosure to the Philippine Stock Exchange on Tuesday,...
The Department of Energy (DOE) has approved the proposal of Ayala-led ACE Enexor and joint venture partner Pryce Corporation consortium to commence drilling in the Service Contract (SC) 55 exploration block in...
Ayala-led ACEN is set to swap some of its assets for shares in exploration unit ACE Enexor, Inc. in a deed of assignment that the two entities signed before the end of...
Ayala-led ACEN has dropped oil exploration as one of its businesses amid its drive to build an all-renewable energy portfolio by 2025. The move was approved by the company’s shareholders during its...
Ayala-led ACE Enexor will be borrowing up to Php300 million to fund its various projects. In a disclosure to the Philippine Stock Exchange on Monday, Enexor said its board approved a short-term...
Ayala-led ACE Enexor has named Rolando “Don” Paulino, Jr. as its new president and one of its directors effective January 1, 2022. In a disclosure to the Philippine Stock Exchange, Enexor said...
While Ayala-led ACEN may be leading the charge towards attaining an all-renewable energy (RE) platform by 2025, it said thermal power assets, primarily gas and diesel, are still needed to attain energy...
AC Energy (ACEN), the power arm of the Ayala Group, is transitioning its generation portfolio to 100% renewable energy (RE) by relinquishing all thermal assets by 2025 through a “property-for-share-swap” scheme with...
