Source: PhilStar 21 July 2020 – MANILA, Philippines — AC Energy Inc., the power unit of Ayala Corp., continues to expand overseas with its latest venture in India. AC Energy said it is developing the 140-megawatt Sitara solar plant in India under UPC-AC Energy Solar, its 50-50 joint venture with UPC Solar Asia Pacific. UPC-AC…
Source: Manila Times 18 July 2020 – AC Energy Inc. is on a roll in expanding its renewable footprint as the Ayala Group’s power generation arm is constructing a wind farm in Vietnam with local partner AMI Renewables Energy Joint Stock Co. In a statement on Thursday, AC Energy said the Quang Binh Wind Farm,…
Source: Philstar 3 July 2020 – MANILA, Philippines — AC Energy Inc. has topped up its senior green bonds with a fresh issuance of $60 million via private placement to fund renewable energy expansion in the region. The bonds have a term of five years due 2024. This brought the total green bond issuance to…
Source: PhilStar 26 June 2020 – MANILA, Philippines — AC Energy Inc. is fast-tracking the construction of a mega solar farm in Australia after securing a deal to connect the project to the grid. The company’s joint venture with UPC Renewables, UPCAC Renewables Australia, signed the connection agreement with TransGrid for the connection arrangements for…
Source: Business Mirror The insurance industry is one of the leading investors in green bonds in the country. Climate change challenge 17 June 2020 – Climate change is the great challenge of our time. The Philippines is vulnerable to this challenge with numerous typhoons devastating the country every year. The cost to our economy is…
Source: Business Mirror 21 April 2020 – AC Energy Philippines (ACEPH), the power arm of conglomerate Ayala Corp., is expected to post profit this year despite the low demand for power caused by the coronavirus disease 2019 (Covid-19) pandemic. From a net loss of P417 million in 2019, ACEPH President Eric Francia said during the…
Source: Bloomberg 20 April 2020 – Ayala Corp., the Philippines’ oldest conglomerate, aims to fully divest from coal by 2030, a rare rebuke of the fuel in a region where its use is expected to grow. Ayala’s power-generation unit, AC Energy Philippines Inc., will also boost investments in renewable generation as it transitions to a low-carbon…
Source: Inquirer.net 20 March 2020 – AC Energy Inc., the Ayala group’s power generation platform, is consolidating its overseas and domestic businesses by ramping up stake in AC Energy Philippines Inc. (ACEPH) to 85 percent. The Ayala group took over management of ACEPH in September 2019 by mustering an interest of 66.34 percent in the…
Source: BusinessWorld 9 December 2019 – AYALA-LED AC Energy, Inc. is setting aside the bulk of the $1.5 billion shored up from recent capital-raising activities for projects in the Philippines, Australia and Vietnam, while looking at India and Myanmar as new markets, its top official said. Eric T. Francia, AC Energy president and chief executive…
Source: Business Mirror 6 December 2019 – AC Energy Philippines Inc. , formerly Phinma Energy Corp., is all set to undertake 550 megawatts (MW) of power projects in the country starting next year, its top official said. Company President Eric Francia identified three projects with a combined capacity of 330 MW that are up for…
End of content
End of content
35F Ayala Triangle Gardens Tower 2
Paseo de Roxas cor. Makati Avenue
Makati 1226 Philippines
Tel: +(632) 7-730-6300
© Copyright 2024 ACEN. All Rights Reserved | Privacy Policy
contact
To report any illegal act, wrongdoing, malpractice, risk
to the corporation, or any violation of company policy.
whistleblower@acenrenewables.com
*All reports shall be treated in confidence and the identity of the whistleblower will be protected. The whistleblower shall be protected from all forms of retaliation.