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ib vogt and ACEN to set up 1,000 MW asset platform for solar in Asia

New joint venture will develop large scale solar projects in the Asia Pacific region ACEN expects to invest up to US$ 200 million in equity investment in addition to debt funding 1,000 MW of renewables capacity at the minimum is set to be developed in the coming years, with potential for further expansion 4 April…

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ACEN’s retail electricity arm gears up for GEOP

ACEN successfully registered its first batch of customers to the Green Energy Option Program (GEOP) Energy will be sourced from ACEN’s portfolio of operating solar and geothermal plants in the Philippines ACEN leverages on the government’s enabling policies to help realize the full potential of renewables in the country   March 29, 2022 – ACEN,…

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ACEN and CleanTech finalize Cagayan solar farm joint venture

ACEN and CleanTech finalize agreements for solar farm joint venture The joint venture will proceed to begin construction of the 133 MW solar and transmission line in Lal-lo, Cagayan to help accelerate the country’s renewables growth The project is scheduled to be operational by early 2023, and will generate clean energy to supply to approximately…

252 MW Quang Binh Wind Quang Binh

ACEN Full-Year 2021 Net Income Rises 22% to ₱5.3 Billion

Net Income increased 22% to ₱5.3 billion Revenues grew 27% to ₱26.1 billion Attributable output up 21% to 4,633 GWh Capex worth ~₱55 billion expected to boost ACEN’s growth aspirations in 2022 09 March 2022 – ACEN, the listed energy platform of the Ayala Group, disclosed today a 22% increase in its consolidated net income…

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ACEN powers up country’s first hybrid solar and storage project

21 February 2022 – ACEN, the listed energy platform of the Ayala Group, has switched on the Philippines’ first hybrid solar and energy storage project. The pilot 40 MW energy storage project located in Alaminos, Laguna will allow the company to evaluate opportunities to store energy more effectively across ACEN’s portfolio, with the aim to…

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ACEN wins Best Green Bond at The Asset Country Awards 2021

ACEN, the listed energy platform of the Ayala Group, was recently recognized by The Asset, Asia’s leading financial publication for issuers and investors, with the award for “Best Green Bond” for its US$ 400 million fixed-for-life green bonds. The award highlights not only the international investor community’s continuing confidence in ACEN, but also the strong…

ACEN to acquire 49% interest in Vietnam solar platform of Super Energy Corporation

ACEN to acquire 49% interest in Vietnam solar platform of Super Energy Corporation

SUPER, through its group companies, owns and operates 837 MW of solar projects in Vietnam This investment will expand ACEN’s international portfolio to more than 1,900 MW, of which more than 1,000 MW are in Vietnam The beginning of a partnership between ACEN and Super to continue expanding their renewable footprints in Vietnam as well…

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ACEN and UPC Renewables to construct their largest solar project in India

The 300 MWac (420 MWp) Masaya Solar is set to provide approximately 500 jobs in Khandwa District Solar plant will produce 691 GWh of clean power and avoid approximately 635,720 MT of CO2 emissions per year 30 January 2022 – ACEN, the listed energy platform of the Ayala Group, and UPC Solar Asia Pacific, commenced construction of their 300 MWac (420…

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Creating communal value through marine life protection

28 January 2022 – ACEN’s Guimaras Wind Corporation (GWC) partnered with the Municipality of Dumangas to lead a pioneering coastal project with the goal of rehabilitating over 90 hectares of fish sanctuary and installing over 200 artificial reefs along the Dumangas Strait. To sustainably cultivate marine biodiversity along the coast of Western Visayas, GWC joined…

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ACEN’s immediate response to Visayas typhoon victims

26 January 2022 – With the devastating impact of Typhoon Odette and the trail of destruction that it left across six regions in Visayas and Mindanao, ACEN, formerly AC Energy, launched a series of relief assistance for the affected communities, immediately forming a dedicated crisis management team focused on real-time coordination to directly address issues…

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