ACEN Corp (PSE:ACEN), the energy platform of Philippine conglomerate Ayala Group, has raised PHP 9.24 billion (USD 147.5m/EUR 127m) in loan facilities to back the deployment of new solar, transmission and energy storage capacity in the Philippines.

ACEN Corp (PSE:ACEN), the energy platform of Philippine conglomerate Ayala Group, has raised PHP 9.24 billion (USD 147.5m/EUR 127m) in loan facilities to back the deployment of…

Ayala's ACEN Corp has loaned PHP9 billion (US$144 million) to subsidiaries within the group for renewable energy and battery storage projects.