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Manila Bulletin devider Business devider Trade & Industry devider ACEN eyes stronger 2026 on rising RE output

ACEN eyes stronger 2026 on rising RE output

Published Apr 8, 2026 05:19 pm

Ayala-led renewable energy (RE) firm ACEN Corp. sees 2026 as a pivotal year, hopeful that renewed generation from its assets could catapult the company’s profits upward.

In an ambush interview, ACEN Chief Executive Officer (CEO) Eric Francia said the company’s local wind operations are likely to produce substantial contributions moving forward after wind turbine repairs.

“The good news is that the wind farms in Ilocos Norte that were affected at the end of 2024, which really took down a lot of the output in 2025, are now operating. So that’s an instant uplift,” he told reporters on Wednesday, April 8.

He added that the start of operations for some projects will soon bring substantial impact to the company’s performance.

“We started commercial operations of large power plants last year, particularly in Australia and Laos, for example... So, that would impact the full year’s results in 2026. So, that would help as well... And then, of course, as I said, we have some inventory, renewable inventory to sell to the market,” Francia added.

ACEN is set to finish construction of its 200-megawatt (MW) New England battery storage system by the first half of 2026, while advancing some of its projects in India, namely the 420-MW Tejorupa solar, 399-MW Sheo 2 hybrid, 389-MW Sheo 1 hybrid, and 120-MW Bijapur wind. These developments are slated for completion between 2026 and 2027.

Once ACEN’s operating plants bring in effective capacity, the company would be able to offer competitive power rates. Francia noted, “If you combine all that, I think this year should be much better than last year, and will, therefore, allow us to sustain our investment programs.”

When asked if ACEN was affected by the war in the Middle East, Francia noted that supply risks could factor in. However, he hopes that the excess power generated from the company’s RE assets would result in more power being sold to customers.

“This is a good time to offer our RE product to customers because we do have inventory,” he said.

Related Tags

ACEN Corp. renewable energy (RE)
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