Ayala-led ACEN Corporation has received an "A-" rating for its climate actions from the global non-profit Carbon Disclosure Project (CDP). The CDP assessment evaluates corporate environmental transparency and performance related to climate change, deforestation, and water security. Jonathan Back,...
ACEN RES, the retail electricity supply unit of the Ayala group, was recognized for its Outstanding Achievement in Marketing Communications (Enterprise Category) during the 43rd Agora Awards held at the Manila Marriott Hotel. ACEN RES, the retail electricity supply unit of the Ayala group, has been...
Ayala-led ACEN Corp. announced Tuesday, Feb. 4, that it has increased its stake in its subsidiary, Belenos Energy Corporation, to bolster its renewable energy (RE) portfolio. In a disclosure to the Philippine Stock Exchange, ACEN said it signed a subscription agreement worth ₱392 million to...
China Banking Corporation (Chinabank) has partnered with ACEN Renewable Energy Solutions (ACEN RES), a subsidiary of the Ayala Group, to transition its two main facilities to clean energy. In a statement, the bank said the move is intended to reduce its carbon emissions and contribute to the...
Ayala-led ACEN Corporation, in partnership with US-based renewable energy firm BrightNight, announced the commissioning of the first phase of its Optima Maharashtra hybrid project in India. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Jan. 17, ACEN stated that the 153-megawatt...
As the year nears its close, Ayala-led ACEN Corporation anticipates a strong performance in 2024, driven by increased energy capacity and new projects. In a briefing, Eric Francia, ACEN president and chief executive officer expressed optimism for the year's overall performance, citing "more...
Ayala-led ACEN Corporation has set a target of adding 1.2 gigawatts (GW) of operational capacity by 2025. In a briefing on Monday, Dec. 16, Eric Francia, ACEN president and chief executive officer, stated that the company is on track with its pipeline projects, which are set to come online next...
ACEN Renewables International Pte. Ltd. (ACRI) announced that its joint venture company has acquired a substantial stake in a solar project in Bangladesh. In a disclosure to the Philippine Stock Exchange on Thursday, Dec. 12th, the firm said that IBV ACEN Renewables Asia Pte. Ltd. confirmed the...
ACEN Corporation's retail electricity unit has partnered with low-cost carrier Cebu Pacific to integrate renewable energy (RE) into its key facilities. In a disclosure to the Philippine Stock Exchange on Friday, December 6, the firm said that ACEN Renewable Energy Solutions (ACEN RES) has begun 100...
Ayala-led renewable energy platform ACEN Corp. announced it will acquire Vietnamese firm BIM Energy Holdings (BIMEH) to help the neighboring country achieve its renewable energy goal. In a disclosure to the Philippine Stock Exchange on Wednesday, November 27th, ACEN said that its affiliate, ACEN...
In a hopeful projection for 2030, the International Energy Agency predicts global renewable electricity generation will increase by 90 percent from 2023. Britain's last coal-fired power plant has also shut down, concluding 142 years of coal reliance that sparked the fossil-fuel-hungry Industrial...
Ayala-led renewable energy platform ACEN Corp. reported an increase in net income for the first nine months of 2024, driven by the launch of new power plants. In a disclosure to the Philippine Stock Exchange on Thursday, November 7th, ACEN announced a 24 percent year-over-year increase in...
