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Ayala-led ACEN Corporation will avail of energy transition mechanism (ETM) refinancing for its 270-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant to prepare for its eventual phaseout. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala company indica
AC ENERGY Corp. (ACEN) has moved to pursue the early retirement of its remaining coal plant under South Luzon Thermal Energy Corporation (SLTEC) in line with the parent firm’s “net-zero” target through year 2050. This after the Executive Committee of ACEN has approved some of the requirements for the refinancing…
ACE Enexor Inc., the oil and gas investment platform of the Ayala group, will be undertaking a follow-on offering (FOO) for 74,000,000 shares to be priced at P10 to P11.84 per share. The company has secured the go-signal of its board this week on “the appointment of the transaction advisors incl