Ayala-led ACEN and its subsidiary ACE Endevor, Inc. have acquired 60% of renewable energy (RE) firm Nature’s Renewable Energy Development Corporation (NAREDCO) for its 200-megawatt direct (MWdc) current solar power plant project...
The Energy Regulatory Commission (ERC) suspended operations of the Wholesale Electricity Spot Market in the Visayas on Thursday night due to the onslaught of Typhoon Odette in the region. This resulted in...
Ayala-led ACEN said that it plans to meet the 20% minimum public float requirement of the Philippine Stock Exchange Composite Index (PSEi) next year after the series of investments in the company,...
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...
The liquefied natural gas (LNG) projects of SMC Global Power Holdings — the power arm of San Miguel Corporation (SMC) — lead the list of over 15,000 megawatts (MW) in new power...
Ayala-led ACEN said it looks to add another 500 megawatts (MW) in attributable renewable energy (RE) capacity for a total of 3,000MW — or 60% of its goal — by early next...
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...
Fresh from its rebranding last week, Ayala-led ACEN, together with its partner AMI Renewables, have begun commercial operations of its 252-megawatt (MW) wind farm in Quang Binh, Vietnam. The wind farm, one...
