ACEN s net income surges to P1 9B - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
ACEN fully divests from its coal power plant unit - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Taking a step closer to its goal of becoming a fully renewable energy company, ACEN Corp. has fully divested from its remaining coal plant under South Luzon Thermal Energy Corp. through the world’s first energy transition mechanism or ETM.
ACEN Corp. has executed option agreements with The Insular Life Assurance Co. Ltd. and ETM Philippines Holdings Inc. as part of the company’s overall energy transition mechanism to enable more renewables.