ACEN, the listed renewable energy company of the Ayala group, has been recognized with two distinguished accolades at the HR Asia Best Companies to Work for in Asia Awards 2025, held at the Marriott Grand Ballroom in Manila. For the second consecutive year, ACEN has received the HR Asia Best...
Ayala-led ACEN Corp., through its Australian unit, has secured approval from the Federal Government for the Robbins Island wind project, which is expected to be one of the largest private investments in Tasmania. The company said the grant comes after more than eight years of assessments by various...
Zobel-led Ayala Corp. reported a core net income, which excludes one-off items, of ₱23.7 billion in the first half of 2025—a two percent decline compared to the same period last year but an improvement from the four percent drop in the first quarter of the year. “This was a result of higher...
Ayala-led ACEN Corp. reported a drop in its net income for the first half of 2025, primarily due to a one-time non-cash impairment of its two wind assets in Vietnam, along with lower electricity prices and higher operating costs. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday,...
Despite the Department of Energy’s (DOE) efforts to cancel renewable energy (RE) contracts that miss their implementation timelines, the agency continues to shy away from investigating the murky waters of potentially questionable project shareholders, and as a result, the industry’s darker...
The Ayala Group reported that the parent company and four of its main subsidiaries have once again made it to the prestigious FTSE4Good Index Series due to their sound environmental, social and governance (ESG) practices. In a statement, the conglomerate said inclusion in the index strengthens the...
BDO Unibank Inc. (BDO) has teamed up with Ayala-led ACEN Corp. to finance over ₱12 billion or a third of ACEN’s multi-billion-peso loan facility for the Quezon North onshore wind power project, which is set to become the “largest wind power facility in the Philippines.” According to BDO,...
Ayala-led ACEN Corporation has finalized a ₱875-million subscription deal with its subsidiary, Buendia Christiana Holdings Corp. (BCHC), to finance land acquisitions for the group’s upcoming energy projects. In a disclosure to the Philippine Stock Exchange on Thursday, June 26, ACEN said the...
Ayala-led ACEN Corporation and renewable energy (RE) developer UPC Renewables have begun constructing two clean power projects in India, slated for completion by early 2027. In a disclosure to the Philippine Stock Exchange on Wednesday, June 25, ACEN and UPC announced they broke ground on a...
Ayala-led ACEN Corporation has secured a loan agreement with a Danish firm to develop the Philippines ' first large-scale offshore wind project. In a disclosure to the Philippine Stock Exchange on Tuesday, June 24, ACEN said the company executed a share purchase and loan agreement with CI NMF...
Ayala-led ACEN Corp. is offloading its diesel plants to fully embrace renewable energy (RE) into the company. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, June 17, ACEN said it has sold its ownership of three diesel plants, located in the northern parts of Luzon, to AC Energy...
Ayala-led ACEN Corporation is expanding the country’s renewable energy (RE) shift with its 133-megawatt (MW) solar plant in Cagayan. In a disclosure to the Philippine Stock Exchange on Wednesday, June 4, the company announced that this plant is the first in Cagayan to contribute to Luzon’s...
