AYALA-BACKED ACEN Australia and Marubeni Asian Power Singapore announced on Tuesday a joint investment of A$250 million, or around P9 billion, in a 400-megawatt-hour battery energy storage system (BESS) project in Australia. The two energy companies had signed a cooperation agreement in Melbourne, Australia, Ayala’s ACEN Corp. said in a stock exchange disclosure. The BESS … Continue reading Ayala’s ACEN, Marubeni forge A$250-M energy storage deal in Australia