HSBC loan

ACEN and HSBC ink AUS$75M green term loan for renewables expansion in Australia

Leveraging on sustainable finance to help accelerate the company’s renewables expansion in the region New renewable energy projects to boost Australia’s renewables sector, supporting the country’s green transition ACEN’s growing pipeline in Australia includes solar, wind, battery, and pumped hydro projects 12 December 2023 – ACEN, through its subsidiary ACEN Renewables International Pte. Ltd (ACRI),…

ACEN and ADB at COP28 (1)

COP28: ACEN CEO identifies challenges in coal-to-clean energy transition

In the #COP28 energy session co-hosted by the Department of Energy Philippines and the Asian Development Bank, our CEO Eric Francia joined a discussion exploring the prospects and hurdles in executing the energy transition in our country. Speaking for the private sector, Eric said that scaling up renewables needs significant capital from ESG-focused investors and…

COP28 Main Event Stage

COP28: ACEN CEO on the role of Transition Credits in expediting early coal retirement

At the recent #COP28, our CEO Eric Francia highlighted how Transition Credits can help close the gap in efficiently utilizing the grid in order to supply clean and affordable electricity to the consumers. He also underscored that while pioneering early coal retirement is a tall order, it has to be done in a just and…

DOE USec Fuentebella at COP28

COP28: Energy Usec. Fuentebella lauds ACEN for pioneering early coal retirement

#COP28: “The Philippine Department of Energy strongly applauds ACEN in pioneering the voluntary retirement of its 246 MW SLTEC coal plant. This is consistent with our view that it must be voluntary and must make business sense in a power sector like the Philippines that is privately-owned, market driven and un-subsidized,” said Department of Energy…

COP28 Photos for socmed Net Zero Futures Pav

COP28: ACEN CEO Eric Francia on the role of transition credits in early coal retirement

#COP28: Our CEO Eric Francia, in a discourse with other Coal to Clean Credit Initiative panelists, pointed out that lost generation from early coal phasedown needs to be replaced by clean, reliable, dispatchable and affordable energy so as not to disturb the grid.

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