ACEN Corp., the Ayala Group’s listed energy arm, has secured loan facilities of up to PHP 15 billion from Metropolitan Bank and Trust Co. (Metrobank) to fund its existing and upcoming renewable energy projects, including solar and wind developments. The financing was approved by ACEN’s board on December 12, 2025.
The loan will support a portfolio of operational and under-development projects across the Philippines, complementing other recently secured facilities, including a PHP 2.6 billion loan from the Development Bank of the Philippines for a 115.671 MW solar power plant in Mexico, Pampanga, developed through ACEN’s joint venture with Citicore Solar Energy Corp.
ACEN currently manages a renewable energy portfolio of about 7.1 GW spanning the Philippines, Australia, Vietnam, India, Indonesia, Laos, and the United States. For 2026, the company has earmarked over PHP 80 billion in capital expenditure, with targeted project completions including the 300 MW Palauig 2 solar project in Zambales, the 153 MW Maharashtra hybrid project in India, and around 80 MW of solar capacity in Malaysia.