ACEN Corp. said Tuesday that its net income dropped by 43 percent to P7.40 billion last year, from P13.10 billion in 2023, due to a significant reduction in noncash items from 2022.
ACEN Corp. said Friday that it had declared cash dividends for outstanding Series A and Series B preferred shares, to come from unrestricted retained earnings as of Dec. 31, 2023.
ACEN Corp. has finalized a purchase agreement with EDF Renewables North America for a wind farm in the US state of Pennsylvania through joint venture firm UPC Power.
ACEN Corp., the Ayala Group s renewable energy platform, said on Monday that it had issued corporate guarantees amounting to an aggregate of $320 million in favor of two lenders of its subsidiary, ACEN Cayman.