01 December 2023 – The Land Bank of the Philippines (LANDBANK) approved a ₱20-billion loan to ACEN CORPORATION (ACEN)—the listed energy platform of the Ayala Group—in support of the National Government’s thrust to expand the country’s mix of renewable energy. The LANDBANK loan will partially finance ACEN’s general corporate requirements and investments in renewable energy…
ACEN, the publicly listed energy company of the Ayala Group, remains steadfast in its commitment to sustainability, bolstered by more robust environmental and social initiatives that foster shared value with the community alongside its energy transition endeavors. The company has so far invested about P123 million for its host communities in the Asia Pacific, where…
MANILA, Philippines — ACEN Corp., the listed energy platform of the Ayala Group, has secured a fresh debt deal with a local bank to beef up its war chest. In a stock exchange filing, ACEN said it secured a P5-billion term loan facility from Metrobank. The company said proceeds would be used for general corporate…
Ayala Corporation, Ayala Land, Inc., BPI, Globe Telecom, and ACEN formalize their commitment to support HERO Foundation, Inc. an organization that provides education support to military orphans. “I am delighted to announce that Ayala Corporation and Ayala Land are renewing their commitment. Joining as well are BPI, Globe, and ACEN, each pledging P2.5 million per…
17 September 2023 – ACEN is the listed energy platform of the Ayala Group, with aspiration to be the largest listed renewables platform in Southeast Asia. The company presently has -4,500 MW of attributable capacity from owned facilities in the Philippines, Australia, Vietnam, Indonesia, and India – with a renewable share of 98 percent, among…
ACEN CORPORATION (PSE: ACEN) received on 10 August 2023 the Order of Registration and Permit to Offer Securities for Sale issued by the Philippine Securities and Exchange Commission for the public offer and sale of up to 25 million preferred shares as the first tranche of the company’s three-year shelf registration of up to 50…
“When the Ayalas started [investing] in renewable energy, they kept on going and they didn’t stop…We thank the Ayala group for their continuing support in the pursuit of renewable energy, not only in Ilocos Norte, but across the Philippines. The time will come – hopefully soon – that our energy mix will shift in favor…
ACEN President and CEO, Eric Francia, sat down with CNBC Asia’s Squawk Box anchors Martin Soong and Sri Jegarajah to talk about the strong support of investors to ACEN’s ASEAN green bond issuance, how the fresh capital will support the company’s renewable energy investments across the region, and the ESG initiatives that are embedded in…
As climate change takes center stage as one of the world’s most pressing challenges, and countries race to transition from fossil fuels to clean energy towards the post-COVID world, AC Energy recognized the opportune time to make a difference and lead the renewable energy revolution. The company currently has 2,100 MW of renewables capacity, on…
Source: Philippine Daily Inquirer 10 September 2021 – With a fresh $400 million raised earlier through an Asean green bond issue, AC Energy Corp. (Acen) has already brought its renewable energy kitty to almost $1 billion for 2021 alone. “The success of this fixed-for-life offering highlights the international investor community’s continuing confidence in Acen and…
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