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ACEN Corp. hiked its agreed loan to subsidiary YMP Telecom Power Inc. from P200 million to P466 million. In a disclosure to the Philippine Stock Exchange y.
ACEN, the listed energy platform of the Ayala Group, is lending more funds to one of its subsidiaries to bankroll solar power projects that will supply energy to local telecom towers.
The Belenos Energy Corporation, a subsidiary of ACEN Corporation, is set to acquire shares that supply solar power to telecom towers and industrial facilities. In..
ACEN Corp. said on Wednesday its recently-acquired subsidiary Belenos Energy Corp. has signed a share purchase agreement with Yoma Micro Power (S) Pte. Ltd., an Asean renewable energy company, for the acquisition of YMP Telecom Power Inc. and its affiliate YMP Industrial Power Inc. In a disclosure to the stock…