Read this in The Manila Times digital edition.
AYALA-LED energy firm ACEN Corp. plans to borrow around P30 billion from banks this year to fund its expansion projects.
In a briefing on Monday, ACEN chief financial officer and treasurer Corazon Dizon said the loan, combined with other sources of funding, would be used for estimated capital expenditures (capex) of P50-70 billion for 2023.
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