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ACEN disburses P7.7 B to boost RE portfolio
The Philippine Star
|August 21, 2024
Ayala-led ACEN Corp. has invested the remaining proceeds of a share sale last year to accelerate the development of its eligible green energy projects in Luzon.
The Ayala Group's listed energy arm told the Philippine Stock Exchange (PSE) that it disbursed P7.66 billion to finance its solar and wind projects.
The company forked out P4.06 billion for solar projects in Zambales and P3.6 billion for the 335-megawatt (MW) Isla wind project spanning across Laguna and Quezon.
ACEN is currently constructing Palauig Solar 2, its secondbiggest solar farm, near the 63MW Palauig Solar 1.
The Zambales solar farms are expected to sustainably power 130,000 homes and reduce 350,000 tons of carbon emissions per year.
Bu hikaye The Philippine Star dergisinin August 21, 2024 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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The Philippine Star'den DAHA FAZLA HİKAYE
The Philippine Star
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The Philippine Star
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The Philippine Star
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The Philippine Star
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3 mins
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The Philippine Star
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The Philippine Star
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The Philippine Star
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2 mins
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The Philippine Star
Rain or Shine pulls off steal vs Titan Ultra
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