ACEN gets $150-M ‘green’ loan to back overseas projects

MANILA, Philippines — ACEN Corp., the Ayala Group’s listed energy platform, secured a $150 million (about P8.54 billion) funding from Sumitomo Mitsui Banking Corp. to support investments across the Asia-Pacific region. In a disclosure on Tuesday, Acen said the “green” term loan facility — obtained by its subsidiary ACEN Renewables International from the Japanese lender’s
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