ACEN Corp., the listed energy platform of the Ayala Group, said it plans to set aside around P70 billion in capital expenditures (capex) for 2025, the bulk of which will be used to support its various projects both here and abroad.
"For 2025, we expect to spend roughly around P70 billion. This amount will be mostly used for all our projects all over the world as we continue [pursuing] our goal of achieving 20 gigawatts (GW) of renewable energy capacity by 2030," ACEN President and CEO Eric Francia said.
