Our president and CEO Eric Francia shared his insights on the Philippines’ clean energy outlook on ANC’s Market Edge with Mimi Ong, where he also explained ACEN’s core strategies for expansion to accelerate the #EnergyTransition. “It will take decades before we [Philippines] can transition completely or substantively to clean energy. It’s not going to happen…
Ayala’s Renewable Energy Solutions, ACEN RES, is now powering 25 office floors of JPMorgan Chase in Taguig The partnership falls under the Retail Competition and Open Access (RCOA) program, enabling companies to choose their retail electricity supplier ACEN RES is at the forefront of providing renewable energy solutions to help businesses meet their decarbonization goals…
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…
Exploring new technologies to bolster its renewables expansion, ACEN plans to develop ~1,000 MW floating solar across 800 hectares of Laguna Lake’s water surface, subject to regulatory approvals The large-scale floating solar project will be a significant milestone for ACEN as the company leverages on enabling technologies in its renewables ramp up 08 August 2023…
ACEN (PSE: ACEN), the energy platform of the Ayala group, today reports that its consolidated revenues for the first half of 2023 rose 28% to Php20.5 billion. This was driven by the boost in net generation due to the stronger wind regime throughout the period and higher operating capacity with testing and commissioning of new…
Sharing his insights on the Philippine renewable energy market on ANC, our president and CEO, Eric Francia, lauded the Department of Energy for its tangible plans to drive the country’s shift to renewables, citing the green energy auction and its new policy to allow 100% foreign ownership for renewable energy projects. “It sends a strong signal…
At Ayala, our companies work together to champion sustainability as we transition to an ESG-driven business. In a new FinanceAsia video series, our president and CEO Eric Francia joined Ayala Corporation CFO Albert De Larrazabal and BPI president and CEO TG Limcaoco to explain how ACEN and BPI collaborated and latched on to the concept…
ACEN partners with the Yindjibarndi Aboriginal Corporation to develop and operate large-scale renewable energy projects in Australia’s Pilbara region The partnership will develop, own, and operate renewable energy projects of up to 3 GW capacity The collaboration marks one of Australia’s largest Indigenous-led renewable energy initiatives, with a focus on sustainable development and economic opportunities…
Our president and CEO, Eric Francia, joined some of the region’s biggest innovators for an interview with Bloomberg’s Haslinda Amin to discuss Southeast Asia’s daunting roadmap to Net Zero amid a worldwide energy crisis. He said that Net Zero commitments from governments across the region are critical to establish forcing mechanisms and create specific policies to…
ACEN CORPORATION (“ACEN”), through its subsidiary, ACEN Vietnam Investments Pte. Ltd., moves forward on signing the Shareholders’ Agreement and other definitive agreements for the closing of the acquisition of Super Energy Corporation Public Company Limited’s (“SUPER“) solar power business in Vietnam. This strategic partnership follows the share purchase agreement signed by the two companies in…
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