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…
Source: Philippine Daily Inquirer 27 August 2021 – AC Energy is a fast-expanding corporation on a singular mission: to become the largest publicly listed renewables platform, not just in the Philippines but in the whole of Southeast Asia. It may seem a far too lofty goal, but not for the 10-year-old energy arm of the…
MANILA, Philippines — AC Energy Corp. reported higher earnings in the first half, thanks to improving power demand and contribution from its newly operational renewable energy projects. The listed power unit of the Ayala Group netted P2.7 billion during the January-June period, up 5% year-on-year, according to a disclosure to the stock exchange on Thursday….
Source: Rappler.com 6 August 2021 – Starting August 16, AC Energy Corporation and Converge ICT Solutions will be joining the 30-member Philippine Stock Exchange index (PSEi). In a memorandum on Thursday, August 5, the PSE said revisions are being implemented to ensure that PSE indices “remain at par with global standards and responsive to the…
Source: Power Philippines 6 July 2021 – The Energy Regulatory Commission (ERC) has authorized Ayala-led AC Energy to connect its 300-megawatt (MW) modular diesel power plant in Pililla, Rizal to the Luzon Grid. In its decision, the ERC said it has approved the application of AC Energy subsidiary Ingrid Power Holdings, Inc. to develop and…
Source: Philippine Daily Inquirer 25 June 2021 – CITY OF SAN FERNANDO—Ayala Group’s AC Energy and Citicore launched Thursday their 72-megawatt solar farm in a 58-hectare land at the boundary of Arayat and Mexico towns in Pampanga province. The firms aim to energize around 45,000 homes and create 1,500 jobs, the venture said in a…
How does AC Energy President & CEO Eric Francia envision the rise of renewable energy in the near future? [Watch the full interview]
Source: BusinessMirror https://businessmirror.com.ph/2021/04/23/sec-greenlights-ac-energy-p16-48-b-follow-on-offering/ 25 April 2021 – The Securities and Exchange Commission (SEC) has approved the P16.48-billion follow-on offering of AC Energy Corp., proceeds of which will be used to fund its expansion projects. In its meeting on Thursday, the SEC en banc has approved AC Energy’s registration statement covering a total of 2.01 billion…
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