7 November 2024 – ACEN, the renewable energy unit of the Ayala group, grew its consolidated income 24 percent year over year to P8.14 billion in the first nine months of 2024. Company performance continued to be driven by newly operational plants, which contributed 40 percent of core attributable EBITDA. This financial expansion was underpinned…
30 October 2024 – As part of its ongoing commitment to sustainability, ACEN, through ACEN Shared Services (ACES), has taken a significant step towards responsible electronic waste (e-waste) management by turning over its e-waste to Integrated Waste Management (IWM), a subsidiary of AC Logistics. A first in the Ayala group, this initiative is part of…
21 October 2024 – Globe, the leading telecommunications company in the Philippines, has shifted 20 of its facilities to 100% renewable energy supply through ACEN Renewable Energy Solutions (ACEN RES), with three other sites in the process of transition with guaranteed renewable energy supply from ACEN. These facilities include the Globe Tower, its corporate headquarters…
Abu Dhabi, United Arab Emirates – A Philippine energy delegation led by Energy Secretary Raphael P.M. Lotilla met with the Minister of Energy and Infrastructure of the United Arab Emirates (UAE), Suhail Mohamed Faraj Al Mazrouei, to negotiate and finalize a memorandum of cooperation on energy transition between the two countries and to explore specific…
30 September 2024 – For the second consecutive year, ACEN, the listed energy platform of the Ayala group, has been honored with 4 Golden Arrows by the Institute of Corporate Directors (ICD) at the 2024 ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards. This recognition underscores ACEN’s unwavering commitment to upholding the highest standards of…
ERIC FRANCIA PRESIDENT’S REPORT ACEN CORPORATION | 2024 ANNUAL STOCKHOLDERS’ MEETING April 24, 2024 Fellow shareholders, my colleagues on the board and management, good morning to all of you. 2023 saw some reprieve from the global energy crisis, with fuel prices coming off from historic highs. With that said, energy demand continues to grow,…
Our journey towards 5 GW of renewables encompasses the communities we embrace, the cultures we respect and the people we empower. As we unlock access to more clean, affordable and reliable energy across the region, we are taking humanity forward for generations to come. 🌏🌳 Watch this special feature.
DELFIN LAZARO CHAIRMAN’S MESSAGE ACEN CORPORATION | 2024 ANNUAL STOCKHOLDERS’ MEETING April 24, 2024 Dear fellow shareholders, We are pleased to report that 2023 turned out to be another strong year for your company. We saw significant growth in financial performance and added over 700 MW of attributable renewables capacity in 2023. With over 4.7…
4 March 2024 – ACEN, through its subsidiary, ACEN Australia, announced today that it has signed a cooperation agreement with Australian-owned ZEN Energy Retail (ZEN Energy) to advance the Power Purchase Agreement documentation for an offtake of up to 220 MW of ACEN Australia’s New England Solar project. Representing up to 52% of the output…
Partnership to develop a 400 MWh Battery Energy Storage System (BESS) Strengthens ACEN Australia and Marubeni’s position to expand in Australia and support the country’s energy transition 04 March 2024, Melbourne, Australia – ACEN Australia (of the Ayala Group) and Marubeni Asian Power Singapore signed a Cooperation Agreement for the joint development of a 200…
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