Ayala-led ACEN Corporation has sold its Power Barge 101 facility in Iloilo to MORE Power Barge Inc., a power generation firm of businessman Enrique Razon. The Ayala energy firm disclosed at the Philippine Stock Exchange (PSE) on Wednesday, Dec. 22, that it signed an asset purchase agreement with...
Ayala energy firm ACEN Corporation has secured the nod of its stockholders for the issuance of 1.4 billion primary shares to its partners in UPC Renewables and the founders of Northwind Power Development Corporation, hiking the company’s public float to 18.73 percent from 15.9 percent. During the...
Ayala-led AC Energy Corporation (ACEN) and its Singaporean partner The Blue Circle have completed another power project in Vietnam via their 40 megawatt (MW) Mui Ne wind farm venture in Binh Thuan province. The facility is equipped with at least eight turbines with a unit capacity of five megawatts...
The 252-megawatt Quang Binh wind farm project of Ayala-led AC Energy Corporation (ACEN) and its partner AMI Renewables has been completed and set on commercial operation ahead of schedule, so it can avail of the feed-in-tariff (FIT) incentives being offered by the Vietnamese government. That newly...
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...
