The acquisition transforms the UPC\AC Renewables Australia joint venture into ACEN’s first wholly owned development and operating platform outside of the Philippines. The transaction includes the 520 MWp New England Solar Farm, currently under construction. The platform has over 8,000 MW of renewables pipeline across solar, wind, pump hydro, and energy storage technologies in Australia….
The ACEN and AMI joint venture has been awarded a US$2,962,000 grant by the U.S. Consulate General, Ho Chi Minh City The 15 MWh/7.5 MW Khanh Hoa Energy Storage project will be integrated into the JV’s operating 50 MW solar farm Aims to maximize the efficiency and reliability of renewable energy towards helping Vietnam achieve…
• 150 MW Ingrid Power Plant in Rizal will provide a much-needed boost in energy capacity and ancillary service to help the Luzon grid amidst the Malampaya shutdown • The ₱1.9 billion quick response power plant is the third project in the country to be switched on by ACEN for the year • Thermal firming…
Joint venture achieves a significant milestone with the 88 MW Ninh Thuan wind farm Second partnership between ACEN and the BIM Group after the 405 MW Ninh Thuan solar farm, one of the largest in Southeast Asia ACEN now has ~1,000 MW of renewables capacity in Vietnam in operation and under construction The wind farm…
10 September 2021 – As Ilocos Norte battles an upsurge of COVID-19 cases, AC Energy’s wind farms, NorthWind and North Luzon Renewables (NLR), worked with the Provincial Government of Ilocos Norte (PGIN) to fortify the local healthcare system, donating a combined ₱4 million worth of medical supplies to mitigate the impact of the pandemic to…
Not for public release, publication, or distribution, directly or indirectly, in or into the United States or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Raised US$400.0 million in gross proceeds at 0% With the SRO, FOO, and investment by GIC’s Arran, ACEN has now raised…
Not for publication or distribution, directly or indirectly, in the United States or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Aims to raise US$400.0 million in gross proceeds through senior guaranteed undated, non-callable 3.5-year fixed-for-life green bonds Pricing for the bonds was secured at 0%…
AC Energy’s (PSE: ACEN) 18 MW MonteSol solar farm in Bais, Negros Oriental, received a Safety Seal Certification from the Department of Labor and Employment (DOLE) for its compliance with the the minimum standard set by the Inter-Agency Task Force for COVID-19 prevention protocol. It is the first plant in the region under the Utilities…
Joint venture company, UPC-AC Energy Solar, achieves a significant milestone, with 300 MW more of solar assets scheduled for construction Two solar farms in India, the 140MWp (100 MWac) Sitara Solar and 70 MWp (50 MWac) Paryapt Solar, begin operations The start of commercial operations strengthens the company’s position in India’s renewables space AC Energy…
Consolidated revenues for the period rose 35% to ₱13.4 billion Attributable capacity rose by 56% to 2,589 MW Results of operation of international assets infused from parent ACEIC are now being reported under ACEN Renewables portfolio doubled to 2,070 MW in June 2021, from 1,041 MW last year, with renewables comprising 80% of the company’s…
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