Proximo Deals of the Year 2022

ACEN’s ETM deal wins Asia Pacific Emerging Energy Deal of the Year

15 November 2023 – ACEN’s collaborative Energy Transition Mechanism (ETM) transaction continues to earn international accolades, most recently as the Asia Pacific Emerging Energy Deal of the Year awarded by Proximo, a global publication for project, infrastructure and energy finance, during the 2022 Deal of the Year Awards. The award is given to a market-leading…

ACEN net income reaches ₱6.6 billion for 9M 2023

ACEN net income reaches ₱6.6 billion for 9M 2023

Core operating earnings up 2x in 9M 2023 Consolidated revenues up 13% to ₱28.6 billion Attributable EBITDA up 21% to ₱14.1 billion Attributable renewables output up 27% to 3,174 GWh 9 November 2023 – ACEN (PSE: ACEN), the energy platform of the Ayala group, today reports that consolidated revenues for January to September 2023 increased…

YEC & Rio Tinto

ACEN’s Yindjibarndi Energy signs Pilbara renewables MOU with Rio Tinto

A partnership to lay the groundwork for potential renewable energy ventures on Yindjibarndi land in Western Australia Initial focus to explore possibilities for a solar plant catering to Rio Tinto’s energy needs An ambitious initial goal of 750 MW renewable energy capacity sourced from wind, solar and battery storage is set by the company for…

ACEN Mapua signing

ACEN and Mapúa University announce expansive partnership to foster education and talent development

16 October 2023 – ACEN, the listed energy platform of the Ayala group, and Mapúa University are working together to build a skilled local workforce through the ACEN Cadetship Program, providing opportunities to fresh graduates and newly licensed engineers to work in the renewables sector. The partnership, marked by a recent signing ceremony at the…

Uxolo Pathfinders Awards

ACEN’s financing package for Vietnam wind farm wins Development Deal of the Year

09 October 2023 – ACEN’s US$107 million innovative financing package for its 88 Ninh Thuan Wind in Vietnam won the esteemed Development Deal of the Year at the recently concluded Uxolo Development Finance Pathfinder Awards held in Singapore. A joint venture development with BIM Group, Ninh Thuan Wind features a diverse blended finance consortium, with…

ACGS Golden Arrow Awards 2023

ACEN awarded Four Golden Arrows for outstanding corporate governance

A testament to ACEN’s commitment to maintaining best-in-class corporate governance standards, transparency, and ethical business practices A significant milestone as ACEN leads the energy transition in the region, making significant strides in fully integrating sustainability in its ways of working 2 October 2023 – ACEN, the listed energy platform of the Ayala group, has been…

BOI green lane endorsement

BOI opens ‘green’ express lane for 5 ACEN floating solar project

15 September 2023, Manila – Five floating solar power projects of ACEN Corp. have been granted the green lane endorsement by the Board of Investments (BOI), which means the processing of requisite permits and licenses will be expedited in line with the government’s goal to ramp up green investments in the country. In a statement…

ACENxPhilstarlife Thumbnail

ACEN RES empowers more businesses toward sustainability through renewable energy

13 September 2023 – ACEN Renewable Energy Solutions (ACEN RES), the retail electricity arm of ACEN, has expanded its roster of businesses that it supports on the path to carbon neutrality, providing energy solutions that allow more companies to make the “green switch” to renewables. From industrial plants, fast-moving consumer goods businesses, office buildings and educational…

Asiamoney

ACEN wins most outstanding energy company in the Philippines for the third year in a row

13 September 2023 – For the third consecutive year, ACEN, the listed energy platform of the Ayala group, has been named the Most Outstanding Company in the Philippines in the energy sector by the Asiamoney 2023 Asia’s Outstanding Companies, a prestigious accolade underscoring the company’s stellar performance and growing dominance in the region’s energy sector….

The Philippines’ ACEN to triple renewable energy capacity in Australia to 3GW by 2026

Philippine-listed company ACEN Corporation, the renewable energy platform of Ayala Corporation, is a significant participant in the Australian electricity market with over 1000 megawatts of solar capacity in operations and under construction in New South Wales The company plans to triple its capacity to 3000 megawatts in the next three years, with a total investment…

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