ACEN Corporation has committed PHP 875 million in fresh capital to its wholly owned subsidiary, Buendia Christiana Holdings Corp. (BCHC). This is in order to support the Ayala-led firm’s long-term power development pipeline.

In a disclosure to the Philippine Stock Exchange, ACEN said it signed a subscription agreement with BCHC on June 25, 2025, covering 875,000 common shares and 7,875,000 redeemable preferred shares, each priced at PHP 100 per share.

The total investment will be fully paid in cash and issued out of BCHC’s authorized capital stock, pending regulatory approval for an increase in the company’s capitalization to PHP 8.5 billion.

The transaction aims to empower BCHC to acquire additional land for ACEN’s various energy projects. BCHC operates as a special purpose vehicle (SPV) tasked specifically with land acquisition activities for the ACEN group.

ACEN said the infusion will help advance its ongoing efforts to expand its renewable energy footprint in the Philippines and across the Asia-Pacific region.

No external parties were involved in the transaction, as BCHC is a subsidiary of ACEN. The company noted there were no special conditions or other salient terms attached to the deal.

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