ACEN, Yanara bag P2.3B loan for Pangasinan solar park

Logo of ACEN Corp., the listed energy arm of the Ayala Group

MANILA, Philippines — Renewable energy producers ACEN Corp. and Yanara secured a P2.3-billion loan from Rizal Commercial Banking Corp. to develop a 75-megawatt solar farm in Pangasinan.tt solar farm in Pangasinan.

On Friday, the Ayala-led firm announced that it secured the loan facility through Renovable Earth Corp., a joint venture between ACEN and Yanara.

READ: Ayala’s ACEN eyes capital raising for more renewables

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ACEN, Yanara bag P2.3B loan for Pangasinan solar park

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