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Ayala’s ACEN Earmarks $1.3 Billion In Capital Expenditures This Year To Support Asia-Pacific Expansion Plans

Por: Forbes Business March 13, 2023

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The wind mills in the northern Philippine province of Ilocos Norte are among the renewable energy ... [+] assets owned and operated by Ayala Corp's ACEN. JOEL NITO/AFP via Getty Images —controlled by the Philippines’ oldest conglomerate, —is increasing capital expenditures this year by 37% to as much as 70 billion pesos ($1.3 billion) to accelerate the company’s expansion across the Asia-Pacific. The Philippine-listed company said... + full article



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