ACEN Corp. is planning to borrow up to P30 billion to partly fund its capital expenditure (capex) this year. Know more:
ACEN Corp. is planning to borrow up to P30 billion to partly fund its capital expenditure this year.
ACEN is allocating as much as P70 billion in capex this year to mainly fund its renewable energy projects as part of its goal of hitting 20,000 megawatts , or 20 gigawatts , of renewables over the next 7 years. ACEN currently has about 4,000 MW of attributable renewables capacity in operation and under construction across the Philippines and the region.
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