AC Energy Chairman Fernando Zobel de Ayala SRO

AC Energy lists new shares

Source: BusinessWorld 31 January 2021 – AC Energy Corp. concluded its stock rights offering with the listing of 2.2 billion common shares at the Philippine Stock Exchange (PSE) on Friday, raising around P5.37 billion to fund at least six renewable energy projects. “I am pleased that PSE is able to support this undertaking as funds…

AC Energy unit eyes doubling of capital stock

AC Energy unit eyes doubling of capital stock

Source: Philippine Daily Inquirer 17 January 2021 – The Ayala group’s power generation arm wants the Securities and Exchange Commission’s go-ahead to again jack up its authorized capital stock, this time almost double, fresh from having secured the green light to again change its name. AC Energy Philippines Corp. (ACEN)—named Phinma Energy Corp. until acquired…

AC Energy PEMC WCO

AC Energy recognized for high compliance

Source: PhilStar 8 December 2020 – MANILA, Philippines — AC Energy, the power generation arm of Ayala Corp., bagged multiple accolades for exemplary compliance of its renewable energy projects at the recently concluded Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2020. AC Energy’s solar farms in Negros namely, Monte Solar Energy Inc. (Montesol),…

AC Energy ASEAN green finance leadership

Philippines cited for ASEAN green-finance leadership

Source: BusinessWorld 27 November 2020 – The Philippines was cited as a regional leader in sustainable finance thanks to the combined efforts of the government, banks, and businesses, according to a report issued by the international non-profit Climate Bonds Initiative (CBI). “The Philippines is a leader in green finance in ASEAN. (It) has been increasingly…

Ayala Group to boost renewable portfolio to 2500 MW by 2021

Ayala Group to boost renewable portfolio to 2,500 MW by 2021

Source: Manila Standard 19 November 2020 – The Ayala Group plans to scale up its renewable energy portfolio to 2,500 megawatts next year as it positions AC Energy Philippines Inc. to become the largest listed renewables platform in Southeast Asia.“We are really building up AC Energy Philippines or ACEN, the listed company. ACEN will be…

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