Ayala-led AC Energy Corporation (ACEN) has tapped Power Construction Corporation of China Ltd. and its local subsidiary PowerChina Philippines Corporation as engineering, procurement and construction (EPC) contactor for its 283-megawatt solar farm project in San Marcelino, Zambales. The Ayala...
Listed firm AC Energy Corporation (ACEN) of the Ayala group and Filipino-owned CleanTech Global Renewables Inc. are eyeing a joint venture for the commercial development of the proposed 200-megawatt solar farm project in Lal-lo, Cagayan province. In a disclosure to the Philippine Stock Exchange...
ACEN to supply power to Ayala Land By MYRNA M. VELASCO Listed firm AC Energy Corporation (ACEN) will be providing electricity supply generated from its renewable energy (RE) facilities to the real estate developments of its affiliate firm Ayala Land Inc. (ALI) as part of the conglomerate’s net...
Listed firm AC Energy Corporation (ACEN) is committing ‘early retirement’ of its remaining coal-fired power plant in line with the Ayala group’s overall ‘net zero’ target through year 2050. The Ayala firm said its management will employ ‘energy transition mechanism’ (ETM) “for the...
The 88-megawatt Ninh Thuan joint venture wind project of AC Energy Corporation of the Ayala Group and Vietnamese partner BIM Group has reached commercial operations, the Filipino energy firm has announced. With that wind farm venture, AC Energy specified that its renewable energy capacity in...
Ayala-led AC Energy Corporation (ACEN) has built up its fresh capital flow to US$1.0 billion, after raising US$400 million new proceeds from its green bonds offering. ACEN Logo The company said it will use the proceeds of its latest capital raising activity to finance its new renewable energy (RE)...
Ayala-led AC Energy Corporation (ACEN) is eyeing to fetch $400 million in gross proceeds from its issuance of senior guaranteed undated green bonds with non-callable 3.5-year fixed-for-life or non-deferrable term. ACEN Logo In a media statement, the Ayala firm emphasized that the green bonds had...
Ayala-led AC Energy Corporation (ACEN) is eyeing to cement a partnership with German firm ib vogt for the installation of at least 300 megawatts (MWdc) of solar power projects in the country. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala energy company specified that the...
The board of Ayala-led AC Energy Corporation (ACEN) has given the green light for it to enter into a joint venture (JV) deal with Asian firm NEFIN Holding Ltd. for targeted solar rooftop ventures. 25061 The business tie-up arrangement, according to ACEN, will be sealed between its subsidiary AC...
Ayala-led firm AC Energy Corporation (ACEN) is injecting more than P12 billion worth of funding to ongoing as well as programmed renewable energy (RE) projects in the Philippines. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala energy company indicated that it will be funneling...
The net income of Ayala-led firm AC Energy Corporation (ACEN) posted a modest 5.0-percent growth to P2.7 billion in the first half of the year, inclusive of earnings from international operations – and that’s coming from a leaner P2.6 billion in the same period last year. Consolidated revenues...
The joint venture of AC Energy Corporation (ACEN) of the Ayala group and Citicore Power Inc., which is affiliated with the Megawide group, will be funneling P2.7 billion worth of investment for a solar farm facility that shall be developed at a site in Arayat-Mexico towns in Pampanga. According to...
