ACEN Energy Transition
| |

ACEN approves the final tranche of its energy transition financing

ACEN, the Ayala Group’s listed energy platform, approved the divestment of all its shares in its wholly owned subsidiary, South Luzon Thermal Energy Corporation (“SLTEC”), through energy transition financing. The 244 MW coal plant in Calaca, Batangas, is the only coal plant under ACEN’s portfolio. Subject to regulatory approval, the shares will be acquired by ETM Philippines Holdings, Inc. (“EPHI”) and The Insular Life Assurance Company, Ltd. (“InLife”) for an aggregate value of ₱3.7 billion.

ISO Certification Philippine Power Plant

ACEN power plants awarded IMS certification

30 June 2022 – ACEN’s operating power plants in the Philippines were recently awarded the prestigious Integrated Management System (IMS) certification as verified by DQS Certification Philippines, Inc., one of the leading certification bodies for management systems worldwide. Nine of ACEN’s operating plants have passed the IMS certification for:• ISO 9001:2015 (Quality Management System)• ISO…

Uratex PR

Uratex renews power supply deal with ACEN, expands into renewables

ACEN signed a new agreement with Polyfoam-RGC, makers of Uratex, to power its plants The power supply will include renewable energy sourced from ACEN’s portfolio of operating and upcoming wind, solar and geothermal plants The latest in ACEN’s string of initiatives to support businesses on their path to carbon neutrality 12 June 2022 – ACEN, Ayala…

New Soc Cards 2022 Announcement cards

New South Wales supports battery energy storage development of ACEN Australia’s New England Solar Farm

Battery Energy Storage System (BESS) project will help firm up Australia’s transition to a clean energy future The hybrid solar farm will be one of the country’s largest renewable energy facilities New England Solar Farm will help reduce greenhouse gas emissions by up to 1.5 million metric tons of CO2 per year, and support more…

ACEN and Just Energy Transition
|

ACEN partners with the Puri Usaha group to invest in Suryagen, a renewable energy developer in Indonesia

New joint venture will develop large scale solar, battery energy storage system and green hydrogen projects in Indonesia The joint venture entity will develop projects spanning the BBK islands as well as the East Nusa Tenggara province The partnership is the latest in ACEN’s string of initiatives to expand its renewable energy generation capacity in…

ACEN 40 MW Mui Ne wind farm Ph2 Binh Thuan Province, Vietnam

ACEN Reports ₱405 Million Net Income for First Quarter 2022

Revenues rose 29% to ₱7.4 billion, but short-term headwinds led to a 68% decline in net income New strategic partnerships to boost long-term capacity toward aspiration to become largest renewables player in the region   11 May 2022 – ACEN, the listed energy platform of the Ayala Group, disclosed today that its consolidated revenues for the…

2022 ASM quote cards

ACEN enters partnership to repower wind farms in the US

26 April 2022 – ACEN, the Ayala group’s listed energy platform, announced the board approval on the company’s plans to enter the United States renewable energy market through a newly formed strategic partnership with UPC Solar & Wind Investments LLC (UPC) and Pivot Power Management (PPM) to pursue opportunities to acquire operating wind projects in…

ACEN BPI and RCBC Energy transition transaction
| |

ACEN pioneers energy transition financing to enable more renewables

ACEN, the Ayala group’s listed energy platform, successfully signed an Amended and Restated Omnibus Loan and Security Agreement for its wholly-owned subsidiary, South Luzon Thermal Energy Corporation (SLTEC) with Bank of Philippine Islands and Rizal Commercial Banking Corporation as lenders.

End of content

End of content