ACEN, along with other Ayala Group companies, has maintained its place on the 2024 FTSE4Good Index, reaffirming the group’s standing among global investors for strong Environmental, Social, and Governance (ESG) performance, Daily...
Alternergy Tanay Wind Corporation (ATWC), a subsidiary of Alternergy Holdings Corporation, has secured an additional PHP1.4 billion in loan proceeds from the Bank of the Philippine Islands (BPI) and Security Bank for...
The Bank of the Philippine Islands (BPI) has become the first bank in the Philippines to adopt the Retail Aggregation Program (RAP), consolidating nearly 2 MW of power demand from 70 branches...
Alternergy Holdings Corporation (Alternergy) has borrowed Php 8 billion from two banks to fund the construction of a 112-megawatt (MW) wind power project in Rizal province. Alternergy’s indirect wholly owned subsidiary, Alternergy...
Ayala-led ACEN Corporation has signed a Php 11 billion sustainability-linked loan facility with the Bank of the Philippines Islands (BPI) and the Asian Development Bank (ADB). Highlighting ACEN’s dedication to the advancement...
Lopez-led First Gen Corporation has secured a Php 20 billion term loan agreement with local banks, BDO Unibank, Inc. (BDO), and Bank of the Philippine Islands (BPI) for acquiring the 165-megawatt (MW)...
A study by the clean energy advocate group Withdraw from Coal: End Fossil Fuels (WFC-ECC), revealed that Philippine banks have provided financial support totaling $1.8 billion to coal and gas-fired power projects....
Pilipinas Shell Petroleum Corp. (SHLPH) has secured a Php 9 billion loan from the Bank of the Philippine Islands (BPI) and Metrobank. “The loan will reduce SHLPH’s exposure to short-term volatilities in...
Ayala-led ACEN has secured a Php13.7 billion loan to fund the transition of its 270-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant in Calaca, Batangas. In a statement on Monday,...
SN Aboitiz Power Group (SNAP) announced on Tuesday has tapped Japanese firm Hitachi Energy as the engineering, procurement, and construction (EPC) contractor for its 20-megawatt (MW) battery energy storage system (BESS) project...
