ACEN Corporation (PSE:ACEN), the energy platform of Philippine conglomerate Ayala Group, has secured PHP 2.93 billion (USD 47.6m/EUR 41.2m) in loans to back the construction of a 35-MW/140-MWh battery and repay debt related to a solar project at the same location.

Logo of ACEN Corp., the listed energy arm of the Ayala Group MANILA, Philippines – ACEN Corp. has obtained a P2.9-billion loan from the Bank of the Philippine Islands to help…

ACEN Corporation (PSE:ACEN), the energy platform of Philippine conglomerate Ayala Group, has secured PHP 2.93 billion (USD 47.6m/EUR 41.2m) in loans to back the construction of a…