ACEN units secure funding for projects

By Ed Paolo Salting

Dec 14, 2023 12:30 am

ACEN Corp., the listed energy platform of the Ayala Group, on Wednesday said that two of its subsidiaries had secured fresh loans to finance renewable energy projects here and abroad.

'ACEN, through its subsidiary ACEN Renewables International Pte. Ltd., has secured an AUD75 million (approximately P2.76 billion) green term loan with the Hongkong and Shanghai Banking Corp. Ltd. (HSBC),' the company told the stock exchange.

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