MANILA, Philippines – ACEN Corp. is providing an additional ₱1.9-billion capital infusion to its subsidiary, Natures Renewable Development Corp. (Naredco), to support its solar power operations.
In a disclosure released on Wednesday, the energy unit of the Ayala Group announced that it subscribed to approximately 420,000 redeemable preferred shares. Each share is priced at ₱4,527.16.
READ: ACEN raises stake in
https://business.inquirer.net/551615/ayalas-acen-provides-p1-9-b-capital-to-solar-power-unit
