Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
ACEN secures P17.5-B financing from Landbank
The Philippine Star
|October 25, 2025
Ayala-led ACEN Corp. has executed a loan agreement and credit facility of P17.5 billion with state-run Land Bank of the Philippines (Landbank) to fund its clean energy projects.
In a stock exchange filing yesterday, ACEN said the agreements included an P8-billion loan and a P9.5-billion credit facility, which reallocated the balance of its existing P20-billion credit line with Landbank.
A loan agreement is a one-off deal between a lender and a borrower, while a credit facility may include several loan tranches.
This follows Landbank's approval in November 2023 of a P20-billion loan to partially finance ACEN's general corporate requirements and investments in renewable energy projects.
In another development, ACEN has forged a supply deal with Siena College to power the latter's campuses in Quezon City and Taytay, Rizal with 100 percent renewables.
Cette histoire est tirée de l'édition October 25, 2025 de The Philippine Star.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Philippine Star
The Philippine Star
Outbreak?
I was a non-statistic in the non-outbreak of influenzaillness that’s spreading across the country.
2 mins
October 28, 2025
The Philippine Star
KOREAN ACTOR BANG SUNG HOON WANTS TO WORK WITH KAPUSOSTARS
BANG SUNG HOON IS THE BEST AMONG THE KOREAN ACTORS I've interviewed.
2 mins
October 28, 2025
The Philippine Star
Ex-DPWH
From Page 1
3 mins
October 28, 2025
The Philippine Star
BBM accepts Santiago’s resignation as NBI chief
Magno named OIC director
2 mins
October 28, 2025
The Philippine Star
'Life of a Showgirl' may just be Taylor Swift's best work yet
I did not have high hopes for an album that Taylor Swift would release this year.
2 mins
October 28, 2025
The Philippine Star
Reclamation, not flood control
Apart from substandard and nonexistent flood control projects, of which some of the ghost projects are even funded year after year, another dimension in this continually growing scandal has emerged.
1 mins
October 28, 2025
The Philippine Star
The corrupt are terrorists; AMLC seize their assets now
At the Oct. 22, 2025 Senate committee hearing to grant extraordinary powers to the Independent Commission for Infrastructure, a debate ensued between former Senate president Frank Drilon and former Chief Justice Reynato Puno over the grant of such powers.
4 mins
October 28, 2025
The Philippine Star
Anchored
No one loves the valueadded tax (VAT).
3 mins
October 28, 2025
The Philippine Star
TWO LIVES, RARE ILLNESSES, AND THE SHARED COURAGE TO KEEP GOING
There are moments in life when we look at someone we admire and think: “They’re invincible.”
4 mins
October 28, 2025
The Philippine Star
Preloved book industry flipping through market volatilities
Alex Grace has been saving up for a foreign book she saw at a local bargain book store in Manila in March.
4 mins
October 28, 2025
Listen
Translate
Change font size